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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
- Local rates trade mixed around the open this morning, treading water after a broadly softer week.
- The SAGB curve stands steeper across the breadth with 3m-1Y yields -13-20bp lower, while 10-30Y yields hold 10-16bp higher w/w.
- Duration remained under pressure into the weekend, with 10Y yields hovering a fraction below the October highs at 9.92 with round number resistance at 10.00 just above.
- 2Y yields also continue to trend higher in line with rising oil prices, keeping the pressure on in terms of CPI in SA.
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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