Bondmarket turmoil & debtyield feedback loop - today.thefinancialexpress.com.bd
Bondmarket turmoil & debtyield feedback loop - today.thefinancialexpress.com.bd
Source: today.thefinancialexpress.com.bd
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DW NOTE
Bangladesh's bond market is dislocating while the government runs a fiscal deficit equal to 5.1% of GDP and the taka has lost 30% against the dollar since 2023. When a frontier economy loses FX credibility, domestic debt markets don't stabilise — they reprice sharply higher until something breaks or the central bank prints. The only question is which comes first.