Mozambique in Africa Trio on Verge of Debt Distress

Senegal Joins Gabon, Mozambique in Africa Trio on Verge of Debt Distress

Senegalese bonds plunged to fresh record lows, placing the West African nation into debt-distress territory, according to a measure widely considered to be the threshold that locks countries out of global capital markets. The sovereign risk premium on Senegal’s bonds…