Daily - 29/07/2010 18:12
Today there was a sell-off in the local bill and bond market from the morning onwards mainly generated by non-resident funds where the benchmark yields were pushed upwards. On the day, volumes were low, the belly of the curve moved by 10-15 bps. The benchmark note closed the day at 8.31% compounded, 11 bps up compared to the previous day’s close. Tomorrow, the Treasury will release the August-October Domestic Borrowing strategy.
