S. Africa 10 Year Bond Yield (ZA10Y) | As noted in previous research, buyers of SA bonds have taken an interest around the 10.30 to 10.40% range since Q1 2022, with the same occurring during last week. Over the medium term, SA debt is trending lower (i.e. higher yields), with the 2 Std Dev, 200-day linear regression channel moving higher. At current levels, the yield trades just below the mid-point of the range (i.e. the mean) with a close of 10.19% while a print and close above 10.35% would see the bond continue their sell off.