(Dorothy Kgosi) The yield on South Africa’s 10-year bond fell further to 8.54%, the lowest in more than a month, but by 7pm it was little changed. The cost of government debt benefited from Moody’s assigning its first positive outlook on South Africa’s ratings since 2007.Would you like to comment on this article?Sign up (it's quick and free) or sign in now.Sign UpLog InPlease read our Comment Policy before commenting.
MARKET HIGHLIGHT | SA 10-year bond yield dips to 8.54%
Moody's upgrade boosts investor sentiment on government debt
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