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Bull Flattening Accelerates In Local Curve

SOUTH AFRICA

Bull flattener gained momentum in SA today:

  • 2Y -2.9bp at 5.109
  • 10Y -10.3bp at 9.194
  • 15Y -14.4bp at 10.611
  • 30Y -16.5bp at 10.903

w/w the 15-30Y portion of the curve has rallied ~40-43bp


W/W Change SA Sovereign Curve

MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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