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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
- SAGB yields open slightly higher this morning as weaker global risk sentiment filters through from the APAC session.
- Yesterday’s session saw the curve shift lower across the breadth with 5-30Y yields falling -13.5-16.1bp on the day with the 30Y most bid.
- W/w, however, the curve remains in negative territory with yields +4-10bp higher over all tenors following a turbulent post-FOMC period.
- Yields moved lower following US CPI, but may give back gains if markets become increasingly concerned by a hot PPI print today.
- Support in the 10Y is defined at 10.393 & 10.297 and 30Y support is seen at 10.978 & 10.80.
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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