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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 a fraction firmer this morning, with yields -3.0-3.5bp lower across the curve in early trading.
- This follows a mostly weaker session yesterday where the curve closed +4.9-5.9bp bear steeper in 10-30Y yields.
- 10Y yields failed to establish a new low on 28 Dec, but pulled back from 9.90 in yesterday’s session.
- 10.00 stands as key topside resistance & 9.70 as downside support.
- W/w the SAGB curve stands +9-14bp higher in 5-30Y tenors, while 2y yields remain flat for the week.
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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