Trump market jitters hit emerging market bond sales
Yahoo Finance·2026-01-21 15:52

Group 1 - Benin's planned government bond sale is on hold, and Georgia's bond sale is also uncertain due to market jitters following U.S. President Trump's comments about Greenland [1][2][4] - U.S. Treasury yields have risen to multi-month highs, impacting risk-sensitive emerging markets and their ability to proceed with debt sales [2][4] - Emerging market governments have sold approximately $60 billion in debt this year, significantly more than the previous year, indicating a strong start despite recent market instability [5] Group 2 - Investment grade emerging market bond sales, such as those from Saudi Arabia's Public Investment Fund, continue unaffected by the current market conditions [5] - Bankers have communicated delays regarding the bond sales for Benin and Georgia, with Trinidad and Tobago's bond sale also potentially impacted [4][3] - Major banks involved in the Benin and Georgia bond sales, including Citigroup, JPMorgan, and HSBC, have not provided comments on the situation [6]

Trump market jitters hit emerging market bond sales - Reportify