SOUTH African bond yields fell on Monday morning in line with a relatively stronger rand.The yield on the benchmark R186 was 8.665% in early trade, from Friday’s 8.700%.Market participants will be paying close attention to inflation data, which are out on Wednesday.The consumer price index, which the Reserve Bank monitors to decide on interest rates, is expected to have risen 6% year on year in August, unchanged from July.Analysts also expect the market to be fairly range-bound in the lead-up to US Federal Reserve’s meeting on Wednesday.The local central bank will announce its own decision on rates on Thursday.The US treasury 10-year note was last 1.6936% from Thursday’s 1.6910%.
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