There is clearly a mismatch between local Kenyan expectations and the rest ofthe world. With overall 12-month inflation coming in at 29.26 percent in June 2008 and annual average inflation increasing to 18.47 percent, this yield curve looks like it is living in a different country.
Thursday, 24 July 2008
Kenyan yield curve
There is clearly a mismatch between local Kenyan expectations and the rest ofthe world. With overall 12-month inflation coming in at 29.26 percent in June 2008 and annual average inflation increasing to 18.47 percent, this yield curve looks like it is living in a different country.
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