Beware the Trap in the Bond Market

Lisa Hornby, fixed income portfolio manager at Schroders, Kevin Giddis, head of fixed income at Raymond James, and Eric Stein, co-director of global income and portfolio manager at Eaton Vance Management, join Bloomberg's Jonathan Ferro to discuss the selloff in bonds, the U.S. jobs report, inflation expectations and the Federal Reserve's rate hike schedule.

Egypt says its officials will tour Asia later this year to test interest in the country’s debt, part of government efforts to expand borrowing options as volatility roils emerging markets.

The near-$13 trillion Chinese domestic bond market, on course to overtake Japan as the world’s No. 2, will see some of its securities included in benchmark global indexes for the first time, starting next week. The fresh impetus comes from the phased inclusion of Chinese sovereign bonds and debt sold by three key state-owned policy banks into the Bloomberg Barclays Global Aggregate Index.

Traders say the pressure on funding rates is likely to increase in Nigeria’s money market as the market is not slated to receive any inflow today. Currently, investors’ appetite in the bonds market remains soft. To discuss the trends in Nigeria’s fixed income and Forex market, Bukky Aregbesola, Head of Fixed Income at Access Bank joins CNBC Africa for more.

Apple Inc. borrowed $7 billion in its first bond sale in nearly two years, as cheap funding costs tempt even companies flush with cash. Bloomberg's Molly Smith reports on "Bloomberg Technology."

Traders say they expect Nigeria’s bond market to remain relatively weak as offshore investors remain on the side-lines. To discuss this and other activities in Nigeria’s money markets, Bukky Aregbesola, Head of Fixed Income at Access Bank joins CNBC Africa.

Nigeria’s Debt Management Office says foreign investors cut their participation in Nigerian government bond auctions last year, buying just 4.39 of all bonds issued compared with 10.99 per cent bought in 2018. Ifueko Olotu, Team Lead, Treasury Coverage at Access Bank joins CNBC Africa for more.