Newsroom

A collection of Futuregrowth thought leadership pieces, media articles and interviews.

Bond Wrap-up 11/04

11 Apr 2017

Bond Wrap-up

Every week we give you our summary of happenings in the bond market.

Our long-held view at Futuregrowth that rating agencies are almost always behind the curve, was unfortunately affirmed this week. Even so, offshore investors had a field day as they brushed off the events of the last two weeks and instead helped themselves to cheaper South African government bonds. Our anxiety regarding the fiscal outlook remains and, as things stand, we will further reduce exposure into bull rallies.