{"id":9680,"date":"2012-04-06T03:51:37","date_gmt":"2012-04-06T01:51:37","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/s-africa-government-bonds-weaken-amid-thin-volumes\/"},"modified":"2012-04-06T03:51:37","modified_gmt":"2012-04-06T01:51:37","slug":"s-africa-government-bonds-weaken-amid-thin-volumes","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/s-africa-government-bonds-weaken-amid-thin-volumes\/","title":{"rendered":"S.Africa government bonds weaken amid thin volumes"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Longer-dated government bonds under pressure<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Risk aversion rises on euro zone debt fears<\/p>\n<p><span><\/span><\/p>\n<p>By Vuyani Ndaba<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, April 5 (Reuters) &#8211; South African government<br \/>\nbonds weakened on Thursday due to heightened risk aversion<br \/>\nemanating from the euro zone, although movements were<br \/>\nexaggerated by thin trading volumes ahead of the Easter market<br \/>\nholiday.<\/p>\n<p><span><\/span><\/p>\n<p>The rand was at 7.827 against the dollar at 1540 GMT, little<br \/>\nchanged from Wednesday&#8217;s New York close of 7.832.<\/p>\n<p><span><\/span><\/p>\n<p>Earlier in the session the currency had been under pressure<br \/>\ndue to concerns about sovereign debt risk in the euro zone after<br \/>\na poor Spanish debt auction, and a dip in long-term economic<br \/>\nconfidence suggested by the Reuters Econometer survey.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Eurozone fears hurts rand and the dip in Reuters Econometer<br \/>\nto 262.31,&#8221; IFR, a Thomson Reuters market analysis service,<br \/>\nsaid.<\/p>\n<p><span><\/span><\/p>\n<p>The Reuters Econometer, a confidence index that measures<br \/>\neconomists&#8217; views two years ahead, fell to 262.31 from 266.84 in<br \/>\nthe February poll, driven by concerns about growth in Europe,<br \/>\nSouth Africa&#8217;s largest trading partner.<\/p>\n<p><span><\/span><\/p>\n<p>The 2015 bond yield was up one basis point at 6.82<br \/>\npercent. More pressure built up on the longer-dated 2026 paper<br \/>\n, with its yield jumping four basis points to 8.55<br \/>\npercent.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Longer-dated government bonds under pressure * Risk aversion rises on euro zone debt fears By Vuyani Ndaba JOHANNESBURG, April 5 (Reuters) &#8211; South African government bonds weakened on Thursday due to heightened risk aversion emanating from the euro zone, although movements were exaggerated by thin trading volumes ahead of the Easter market holiday. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-9680","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9680","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=9680"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9680\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9680"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9680"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9680"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}