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Local Rates Hover Around Key Levels After Risk-Off Session

SOUTH AFRICA
  • Local rates bull flattening at the open after trading choppily in a broad risk-off move across EM bonds yesterday.
  • 10Y (-1.2bp) managed to hold below 8.50 during yesterday's session, while 30Y (-0.7bp) is holding above 10.50.
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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