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S.Africa bonds yields rise on oil, food prices

August 16, 2012 Comments Off on S.Africa bonds yields rise on oil, food prices

August 16, 2012, 10:40 am

JOHANNESBURG (Reuters) – South Africa’s rand weakened on Thursday while government bond yields climbed in line with global debt market trends amid a deterioriating inflation outlook due to rising oil and food prices rises.
However, the sell-off of local debt was par…

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