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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 trade a fraction firmer this morning, following on from the marginal gains made in yesterday’s session.
- Price action in 10-30Y yields retraced early gains to end close to the open with the 10 & 30Y tenors finding support at 9.852 & 10.553 respectively around the 76.4% Fib level of the 12-26 Nov range.
- W/w the curve trades -14-20bp lower across the breadth with 8-10Y tenors most bid.
- SA’s 5Y CDS continues to trickle lower in line with more favourable global risk conditions, down -15bp since Friday’s close.
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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