National Bank of Rwanda

A Further Rise in 10-Year Sovereign Debt Yields After FOMC Minutes Got Released Yesterday

August 17, 2023

The 10-year U.S. Treasury yield climbed five basis points overnight to a 16-year high. At 4.29%, such is still almost a percentage point south of the 2007 peak of 5.26%. In Europe, 10-year sovereign debt yields rose overnight by six basis points in the U.K., four bps in Italy and Spain and three bps in […] More

Policy Reviews in Rwanda, Indonesia and The Philippines

February 16, 2023

Policy interest rates at the National Bank of Rwanda and Central Bank of The Philippines each were raised today by 50 basis points. For Rwanda, the hike was the fourth over the past year and matched the size of the previous increase three months ago. At 7.0% after the latest increase, the rate is 250 […] More

Market Reaction Muted to Missile Strike in Poland

November 16, 2022

A Russian-made missile struck a grain facility inside Poland, but it remains unclear who fired that round or from where such came. World leaders were fortunately already assembled in Bali, Indonesia, for the Group of Twenty annual summit, and an emergency meeting to forestall a direct Nato-Russian military conflict has so far prevented an outsized […] More