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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 tread water around the open, marginally in the green after yesterday’s broadly weaker session.
- 10 & 15Y yields felt the brunt of the selling pressure with yields rising +6.3bp & +4.3bp respectively.
- 10 & 30Y yields continue to exert pressure on the upper threshold of the recent ranges with key resistance at 9.90 & 10.70.
- W/w the SAGB curve trades +2-9bp higher across the breadth with a marginal bear steepening bias.
- Absa PMI data is also expected to drop to 55.5 this morning.
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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