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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.
SOUTH AFRICA
- Local & USD bonds open slightly firmer this morning, in line with more positive EM FI sentiment.
- Front end yields closed lower on Friday's session to cap off a broadly firmer week for OFZs as weekly CPI gave tentative signals of a potential moderation in price pressures into year end.
- 10y yields were most bid w/w at -18bp, followed by 2Y at -16bp.
- A Consolidated move below 8.00 in the 10Y OFZ opens up 7.60 support to the downside – but near-term directionality will be largely influenced by weekly CPI on Wednesday.
OFZ Curve w/w
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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