Free Trial

Rates See Some Green After Sustained Bear Steepening This Week

SOUTH AFRICA
  • Local rates tentatively bid today seeing continued bear steepening action as outflows from EM FI gained pace.
  • Front end of the curve also lifted +5.1bp, taking yields above 4.75.
  • 15Y was most offered +10.2bp, while 10Y +8.6bp & 30Y +8.8bp continued to push higher.
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.