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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 kick off weaker this morning with the curve bear steepening +2.6-3.6bp in 10-30Y yields – retracing a portion of yesterday’s gains.
- Yields fell -13.6-13.8bp in yesterday’s session following US CPI, which saw some upside pressure in UST yields subside.
- W/w the SAGB curve trades mixed with 3m-1Y tenors -35.40bp lower, while the rest of the curve hovers marginally in weaker territory after a choppy week.
- The near-term trend remains higher, but key support in the 10Y & 30Y stands at 9.80 & 10.60 for a move back to the prior lows.
SAGB curve w/w
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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