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ZARTechnical

SA10y - rallying with junk in its trunk

South Africa 10Y yield (TVC:ZA10Y)  
ZARTechnical  
TVC:ZA10Y   South Africa 10Y yield
Chart Patterns
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chartpattern
- After a long sideways consolidation, SA10y broke out at 9.3% in March.
- Yield rose to 13%
- The correction has been fast as well
- In my view, best case another 50bps lower (9.50-9.30%)
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