How may I be of further help? Bonds have an inverse relationship with interest rates.
We had this same discussion where I gave the formula (FV = PV × (1 + i)^n ) that showed how interest rates can fuck a bond holder. Interest Rate Risk - Definition, How to Mitigate the Risk
First click the linkabove to understand what the interest rate risk is.
Then realize that when there’s inflation like we have today, CBK reacts by raising interest rates to bring that inflation down.