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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 trade mixed to firmer around the open with a slight bull flattening bias in line with firmer risk sentiment this morning – maintaining yesterday's bid tone.
- Duration rallied in yesterday's session with 30Y yields moving tentatively below key support at 10.50, while 10Y yields fell just short of sticky 9.20 support.
- 2Y yields are currently hovering around 4.98 support at the lower end of the lateral range held since 05 August.
- Similar to Turkey, SA's 5Y CDS fell at the start of the week, dipping -3.9bp in yesterday's session.
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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