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SAGB 10Y Moves Through Key Support at 9.20

SOUTH AFRICA
  • After period of broad consolidation from mid-June, SA's 10Y yield looks poised to make a consolidated break of the 9.20 support as sentiment in duration markets picks up following the social unrest-induced rout
  • The 10Y is currently -5.3bp lower on the session and -15.1bp for the week.
  • A close below 9.185 opens up 9.10 and 9.00 support to the downside


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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