Rising market concern over an Iran peace agreement weighed on Gulf debt: UAE sovereign bonds fell 1 US cent, Saudi sovereign bonds declined in tandem, and S&P Global Market Intelligence showed Bahrain's 5-year CDS up 5bps to 246bps versus Tuesday's c

2026-07-01

Rising market concern over an Iran peace agreement weighed on Gulf debt: UAE sovereign bonds fell 1 US cent, Saudi sovereign bonds declined in tandem, and S&P Global Market Intelligence showed Bahrain's 5-year CDS up 5bps to 246bps versus Tuesday's close.