{ }
001122334455554433221100
001122334455554433221100

investors flee south african bonds amid deteriorating us relations

Franklin Resources, JPMorgan, and Wells Fargo have significantly reduced their South African bond holdings amid deteriorating US relations, leading to the largest outflows since before the May elections. Concerns over potential loss of preferential trade status under AGOA and a bleak fiscal outlook have intensified investor anxiety, with foreign sales reaching 16.1 billion rand in March. The rand's recent strength is attributed to foreign investors unwinding currency hedges as bond prices react to these developments.
Trending
Subcategory
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Newsletter

© 2025 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.