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Local Rate Bull Flatten, 10Y Takes out 9.50 Support

SOUTH AFRICA
  • Local rates trading firmer at the open in line with a mixed to firmer APAC session.
  • Curve bull flattening slightly at the back end 2.3-2.4bp lower. 10Y holding around the 9.50 handle, while 30Y yields approach 11.30 support.
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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