The rand and local bonds weakened further on Tuesday as investors headed for the haven of the dollar as inflation concerns stoke fears that interest rates increases are due soon.
The local currency weakened along with its emerging-market peers as a number of global catalysts kept the appetite for emerging-market assets in check...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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Soaring inflation expectations see global stocks fall for third dayBond yields surge with 10-year Treasury touching highest level since June 17 as spectre of rate increases grows
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