SA bonds firmed to levels last seen in February after global yields fell ahead of crucial inflation data from the US on Thursday and another rates announcement from the European Central Bank .
The yield on the R2030 government bond fell as much as 11 basis points to 8.62% in intraday trade on Wednesday, while the yield on US treasuries dipped below 1.5% for the first time in a month, to 1.47%. Bond yields move inversely to their prices...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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