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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, following on from yesterday’s sell-off.
- UST yields marked a sharp turnaround at the start of the US session more than paring the post-FOMC decline and taking most of EM FI with them. SAGB yields closed +1.7-5.4bp higher after erasing early declines.
- W/w the curve stands mixed with front/middle (3m-10Y) 0-15bp higher and the back end -5-7bp lower.
- Attention is on 10.44 resistance in the 10Y & 11.013 in the 30Y for the next leg higher in yields.
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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