TL;DR: Bid-to-cover ratios remain healthy, meaning the market is showing up; But yields are still rising, signaling that investors want more compensation for risk.
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Yield vs Bid-to-Cover: What the Uganda 91-Day…
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TL;DR: Bid-to-cover ratios remain healthy, meaning the market is showing up; But yields are still rising, signaling that investors want more compensation for risk.