Lebanese Eurobonds Rise as Paris Talks Address Losses, but Regional War Risks Persist
Lebanese Eurobonds edged higher as technical teams from Banque du Liban and local banks met in Paris with Rothschild & Co to unify financial figures and address loss distribution ahead of upcoming IMF talks. However, regional war risks and potential conflict expansion in Lebanon threaten to delay critical reforms, forcing the government into crisis mode and lowering long-term recovery values for bondholders.
Meanwhile, global markets saw U.S. Treasury yields decline slightly as a tech stock selloff drove investors toward safe-haven assets, even as strong U.S. economic data and persistent inflation kept expectations open for a Fed rate hike in December’s meeting.
For the full report, please click HERE.
