5 Countries With The Highest Bond Yields

3. Arab Republic of Egypt

10 Year Bond Yield as of November 30th, 2022: 19.507%

The Arab Republic of Egypt is a part African, part Asian country that is best known for having hosted the civilizations of the ancient world. It is called the land of the pharaohs, and the tombs of these kings continue to create awe and mystery due to their size. The country’s economy runs on fossil fuel exploration, tourism, agriculture, and media. It was worth $1.7 trillion in 2022 with a per capita GDP of $15,958. However, the Arab Republic of Egypt ran a large current account deficit of $33 billion in 2021, and in 2022, it has a gross external debt of $158 billion – two factors that explain the astronomically high bond yields of the country.