South Africa 10-Year Bond Yield
Ticker: ZA10Y
Wednesday, 02 October 2024
Time Published: 07h17
This igniting bar at the prior swing lows may be indicative of the start of a bullish reversal
Bear in mind, the chart below is the bond YIELD which mean a move higher in the yield means lower bond prices.
The potential move has significant implications across certain sector especially, banks and property (both sector are trading within medium term OVERBOUGHT ranges)
See my previous notes on the banks and GRT
Lester Davids
Analyst: Unum Capital
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