South African bonds were marginally firmer at midday on Friday, taking their cue from a slightly stronger, yet range-bound, rand ahead of preliminary US third-quarter GDP data due for release in the afternoon. Growth in US GDP is forecast at 2.5% in the third quarter, according to Trading Economics, from 1.4% in the second quarter. The yield on the R186 bond was at 8.875% at midday from 8.920% on Thursday. The yield on the R207 was at 8.110% from 8.150% previously. Other data releases on the radar on Friday include French consumer price index (CPI) and GDP, German preliminary CPI figures and eurozone confidence indicators. The benchmark 10-year US treasury note was last seen yielding 1.8532%, from 1.8520% on Thursday. The 10-year UK bond yield was little changed at 1.1437% from 1.1495%.
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