South African government bonds weakened further on Monday afternoon, leaving the yield on the benchmark R186 bond at its highest level in two weeks.The fall in bonds coincided with a weaker rand, which touched R12.11 to the dollar for the first time since early February, according to Iress data.On Tuesday‚ markets will focus on inflation data‚ which the Reserve Bank uses to decide on interest rates.Economists expect inflation to have moderated to an annual rate of 4.1% in February from 4.4% in January‚ with core inflation remaining steady at 4.1%.The US Federal Reserve will also conclude its scheduled policy meeting on Wednesday‚ with a 25 basis-points increase in rates expected. Markets will focus‚ in particular‚ on the language of the Fed’s statement for clues on how the world’s most influential central bank intends to approach its policy in future.Moody’s will wrap up the week with the release of its latest ratings review on SA. Moody’s is the only major ratings agency to still r...
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