Governmentless Romanya Borrows More Cheaply, 'Junk' Threat Shadowed

Despite Romanya not having a fully-fledged government, it appears that interest rates on government bonds have been steadily declining in recent…

The country's long-term yields, which peaked in Mart, retreated along with improving inflation dynamics and decreasing expectations of interest rate hikes. Although the Romanya Ulusal Bankası (BNR) keeps the…