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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.
SOUTH AFRICA
- SAGBs kick off firmer this morning, with the curve bull flattening -2.6-4.8bp in 10-30Y yields amid more favourable global risk conditions.
- Powell’s relatively less hawkish comments relating to a more measured balance sheet run-off over several months – supporting global risk and US equities after several of weaker sessions.
- SAGBs trimmed losses in duration to end -2.2-3.4bp higher in 10-30Y yields with the 10Y pulling back below the 10.00 handle and the 30Y below 10.80.
- US CPI will be the big-ticket item for UST yields today – expected to rise to 7.0% y/y.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
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.
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