Local bonds traded weaker in early trade

Local bonds traded much weaker in early trade, with yield on the benchmark R186 rising to 9.18%, its highest point since mid-December, bid at 9.16% by the finish from 9.06% yesterday. while the R207 was bid at 7.80% from 7.74%.

Demand for safe havens saw yield on the 10-year benchmark U.S. Treasury drop to its lowest in more than two weeks, while gold prices edged higher.

Albert Botha from Ashburton Investments joined me in studio.
19 Jun 2018 English South Africa Business · Investing

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