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SAGBs End Firmer Across the Curve, Top40 Index Markets New All-Time High

SOUTH AFRICA
  • SAGBs kick off slightly weaker this morning, with 2Y yields +2.2bp higher.
  • Friday’s session saw yields end lower across the curve with the 10Y outperforming – falling 10.8bp, but failing to hold below 10.05 support.
  • W/w the curve ended -13-22bp lower across the breadth with gains concentrated in 8-10Y yields.
  • Key support in the 10Y stands at 9.968 & 10.663 in the 30Y.
  • The Top40 index also racked up some gains last week, making a fresh all-time high at 65,000 on Friday’s session.

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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