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FNBWGB off 0.63% but still trading at a decent yield relative to the local bond ETFs like DBXD which are ge…by @bayman_jse on $FNBWGB

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Bayman@bayman_jse·Neutral

FNBWGB off 0.63% but still trading at a decent yield relative to the local bond ETFs like DBXD which are getting hammered by rand weakness. The real question is whether offshore govvies are bottoming here or if we're heading lower with US rates staying sticky.

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