Jun

Market Rout Sends African Assets From the Rand to Bonds Reeling

African bonds and stocks have underperformed emerging markets
South African currency heads for worst quarter since 2011

The emerging-market sell-off is taking a heavy toll on Africa.

The continent’s bonds and stocks are being hammered more than those in most other regions amid a rout that’s wiped over $1 trillion off developing nations’ equity markets this quarter and sapped confidence from Brazil to China…

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Market Rout Sends African Assets From the Rand to Bonds Reeling

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