Free Trial

Rates Momentum Slows Slightly Following SONA

SOUTH AFRICA
  • Local rates marginally lower at the open after seeing strong inflows into the back end of the curve ahead of yesterday's SONA.
  • 10Y & 30Y trading below key resistance at 8.50 & 10.50 respectively looking for more downside momentum.
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.