SA bonds fell the most in almost two months and the rand weakened for the first time in six days after a report showed US inflation jumped the most since 2008, sparking concern that rising prices may stifle growth in the world’s biggest economy and dim demand for emerging-market assets.

The yield on SA’s benchmark R2030 bond rose 12 basis points to 9.08%, the highest closing level in a week. Since bond yields move inversely to their prices, it indicated a falling market,  which was mirrored in the rand retreating to well above R14/$. The JSE all share index closed below 68,000 index points, after earlier trading as high as 68,402.98...

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