BROKERS’ NOTES: Buy SA bonds, sell US stocks

BUY: South African government bonds

South African nominal government debt remains a good buy with 10-year bonds yielding real returns in excess of 3pp. A couple of factors support the outlook for longer-dated government debt. First, the government’s fiscal position is improving as it seems the Treasury is keeping a tight lid on expenditure. Second, the long-term inflation outlook for South Africa is improving. With interest rate increases totalling 3.75% since the end of 2021, the Reserve Bank has kept inflation under control.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

FinancialMail /  🏆 20. in MX

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

BROKERS’ NOTES: Buy SA bonds, sell US stocksIzak Odendaal, investment strategist at Old Mutual Wealth, on what the smart money is doing Huh?
Leer más »

60-year old leader in taxi industry killedTwo people were arrested for the murder of a 60-year-old leader in the taxi industry in George
Leer más »