South African bonds retained a weaker bias shortly before midday Monday morning, as investors braced for a spate international and local of economic data releases this week. The dollar had remained under pressure after negative headlines in the US, which continued to cast doubt on the ability of the administration of US President Donald Trump to pursue its policy agenda, analysts said. Data out of the US and the eurozone would remain closely watched, as investors attempted to gauge the pace of monetary policy tightening expected in 2017, analysts said. Emerging markets had seen a good inflow of funds seeking yield from global investors recently, but locals had been net sellers, said TreasuryOne currency dealer Phillip Pearce. The US Federal Reserve was set to meet later in the week, with a policy statement scheduled for release on Wednesday. The Fed was widely expected to keep interest rates unchanged, with market odds of an increase in rates at 2.5% this week, from 5% last week, sa...
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