21 July 2026, 13:01 South Africa: Bond Yields Ease Ahead of Inflation and Rate Decision.
South Africa's 10-year government bond yield eased to 8.67% but remained near a one-month high as investors awaited June inflation data on Wednesday and the South African Reserve Bank's policy decision on Thursday. Markets expect annual inflation to accelerate to 4.7% from 4.5% in May, while the central bank is widely anticipated to raise its benchmark rate by 25 basis points to 7.25%. Meanwhile, Brent crude slipped but stayed elevated despite reports of renewed US-Iran ceasefire efforts, as US military strikes in Iran continued.
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