Today we are taking a look at:

  • Bond market closes with a flattening bias as long end yields rally marginally, 10y yield continues to inch closer to fair value; market opens up as risk traded better overnight, with SAGB yields lower across most of the curve
  • Finance minister’s tweets give the rand the jitters
  • Oil nudged up in Asia after U.S. inventories swelled less than expected
  • Equity markets experienced choppy trading as disappointing economic data weighed on sentimentDailyMarketCommentary200507

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