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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
SOUTH AFRICA
- SAGBs open mixed this morning with the curve continuing to flatten: 2Y +1.5bp, 30Y -1.7bp. Yesterday’s session saw yields slide into the red with the front-end lifting ahead of the FOMC and SARB meeting.
- 2Y yields rose +10.8bp, while 10-30Y yields pared early gains to close +1.7-4.4bp higher on the day.
- The 2Y has retraced past the 61.8% fib of the 02 Nov-7 Dec range, and is eyeing 5.40 resistance as the next topside hurdle.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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