The Bond Report

Futuregrowth Asset Management portfolio manager Wikus Furstenberg joins us for more on what's playing out in the bond market space.

Yunus January from Futuregrowth Asset Management joined Business Day TV on the line with more insight on the kind of activity that played out in the fixed income space.

Malcolm Charles from Investec Asset Management joined Business Day TV on the line with more insight on the kind of activity that played out in the fixed income space - with global forces just as much at play as local forces are at this stage.

Jonathan Myerson from Granate Asset Management joined us on the line now with more detail on the kind of activity that played out in todays bond market.

RMB's Fixed Income Specialist Gordon Kerr joins us for more on what's playing out in the bond market space.

James Turp from ABSA Asset Management joined Alishia Seckam in studio for analysis on the activity in the bonds market.

Local bonds were little changed in early trade today. By the close we had the yield on the benchmark R186 fetching 8.695%, from 8.69%. And for the most part The rand and bonds expected to be range-bound, as markets seek fresh catalysts from either the Reserve Bank or inflation data later in the week. We were joined by Jonathan Myerson from Granate Asset Management for more analysis of the activity we are seeing.

Local bonds traded weaker, with the R186 bid at 8.68% from 8.615%.The US 10-year treasury was last seen at 2.87% from 2.8598%. Nedbank analysts pointing to technical analysis showing that a move above a yield of 2.87% would signal a bear move to 3.03%, but underlining the opinion that the 3.12% top will remain intact. We were joined by Yunus January from Futuregrowth Asset Management on the line for more insight into the activity on that front.

Local bonds traded firmer today on the rand's recovery, and following the release of a measured report on SA from ratings agency Moody's - alebit having come with a warning that sustained tightening of financing conditions would further reduce the government's fiscal flexibility. The R186 was last bid at 8.84% from 8.88% and the R207 at 7.52% from 7.56%. The US 10-year treasury - holding pretty steady. We were joined by Kgothatso Nyabela from Ashburton Investments for more on what's playing out in that space.

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.