Global 2028: Time To Get Bearish

We are turning bearish Iraq's US$ Global 2028 bond. The instrument's yield is currently close to pre-financial crisis levels, trading at one point on July 7 at 10.06%. However, its yield has already increased somewhat in recent weeks; the bond could sell off further in the short-to-medium term.

To read the full article, please choose one of the following options: