Free Trial

SAGBs Retrace Early Weakness, Gaining Bull Flattening Momentum

SOUTH AFRICA
  • SAGBs firmer today after a mostly choppy session yesterday
  • 2Y flips from early weakness to strength, now trading -2.2bp lower as price action hovers around 5.00 level
  • 10Y (-5.9bp) has moved through 9.20 support. Next downside levels to watch at 9.133 & 9.10
  • 30Y (-4.9bp) and hovering above key support at 10.50. Next levels below at 10.40 & 10.35.


MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

To read the full story

Close

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.