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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 little changed around the open, despite more positive sentiment filtering through from the APAC session following China’s RRR cut yesterday.
- SAGBs closed yesterday’s session bull flatter with 10-30y yields falling -10.5-12.8bp as Omicron cases showed less aggressive symptoms in Tshwane and that vaccinated patients were faring better than unvaccinated with less need for oxygen and shorter stay times in hospital.
- 10Y yields broke through 10.00 support, while 30Y yields dipped below 10.70.
- Key support for a move back down towards the 12 Nov lows stands at 9.88 & 10.60 respectively.
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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