South African bonds were a little firmer on Wednesday afternoon as the dollar remained on the back foot.The euro was at $1.1839 from $1.1797 amid a sell-off in US equities. Treasuries firmed in response after the 10-year hit a yield of 2.40% earlier in the week, its highest in 17 months."US government bonds strengthened on Tuesday as investors sold stocks and looked to put money in safer assets," Dow Jones Newswires reported.US treasuries have struggled to find direction in recent sessions, reflecting in part a lack of major new economic data. That may come to an end on Wednesday with the release of US inflation data, the newswire said.Local bonds appeared unaffected by developments in Zimbabwe. President Robert Mugabe has been on house arrest, according to some reports, as the military in the country appears to be paving the way for a new transitional government.At 3pm, the R186 was bid at 9.42% from 9.45% and the R207 at 8.105% from 8.150%.The rand was at R14.3738 from R14.3644.Th...
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