(Reuters) - South African government bonds extended this week's heavy losses on Friday, with yields on the most-traded issue rising to near 8-month highs as an interest rate hike looked inevitable next week.
Yields on the government's R153 bond, due in 2010, reached 8.545 percent earlier in Johannesburg trade -- levels last visited in late October last year. They later settled at 8.525 percent, 11 basis points higher than Thursday's closing levels.
Read more at Reuters Africa
Yields on the government's R153 bond, due in 2010, reached 8.545 percent earlier in Johannesburg trade -- levels last visited in late October last year. They later settled at 8.525 percent, 11 basis points higher than Thursday's closing levels.
Read more at Reuters Africa
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