JSE slips on rising US bond yields
Higher yields could trigger illiquidity in the market and that could have spillover effects and a negative effect across other markets, one analyst says
The JSE was weaker on Thursday morning, with its global peers mixed. Investors are bracing for a renewed round of stocks and bond volatility after a surge in US treasury yields dragged down equities again.
Global equity stocks remain significantly vulnerable to higher yields, said Axi chief global market strategist Stephen Innes...