Free Trial

Local Rates Slide Ahead of Fed Meeting

SOUTH AFRICA
  • Local rates trading softer at the open, bear steepening after a mixed session yesterday. 10Y +5.0bp & 30Y +4.3bp with the curve slightly lower in the belly/middle on a weekly basis.
  • 10Y remains pegged above 9.20 support, but still within the short-term downtrend.
  • 30Y looks more vulnerable having failed to breach the 11.00 handle three times since 11 March.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

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.