SA bonds rally as GNU helps brighten outlook
Yield on benchmark bond has strengthened more than 1.6 percentage points since the election
06 September 2024 - 05:00
SA’s R2030 benchmark bond has rallied — with the yield set to test the 9% level in the coming days — since the May 29 elections, which saw the establishment of a government of national unity (GNU).
The political shift, driven by the ANC’s decision to form a coalition with nine other parties, has fostered optimism around the country’s economic future...
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