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Risk-Off Dampens SA GB Sentiment

SOUTH AFRICA
  • local rates drift higher at the open as broad based risk off dampens EM sentiment.
  • 10Y now trading marginally above the 8.75 pivot point (+1.6bp), 30Y seems to have found support at 10.75 (+1.4bp) & 2Y continues to drift towards 4.60 (+1.8bp)
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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