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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 continue to tread water around the open with 2y yields marginally in the red (+1.2bp).
- Yesterday’s session saw tentative strength reversed for a marginally weaker close and a slight bear steepening bias with 30Y yields most offered at +3.2bp on the day.
- 10y yields remained mostly stable, hovering below 10.00 pivot resistance, while 30y yields pulled close to the 10.80 handle – opening 10.90-11.00 on a move above the level.
- 2y yields held above 5.10, looking to take the next leg higher towards 5.20-5.30 as expectations for a hawkish FOMC brew.
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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