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Egypt's July-August revenues rose 34.1%, but interest payments absorbed 96.1% of them. Foreign investors sold $3.5 billion of Treasury bills in October, and higher rates raise borrowing costs.
Heavy debt-service costs limit Egypt's room to fund food and feed imports. This is a fiscal story with only an indirect effect on grain demand.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.