We have seen strong buying of bonds this week by foreigners. The underlying tone for bonds is to buy into any weakness, which suggests that the market expects bond yields to keep firming in the coming months. -Michael Keenan

 

We have seen strong buying of bonds this week by foreigners. The underlying tone for bonds is to buy into any weakness, which suggests that the market expects bond yields to keep firming in the coming months.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?



This quote is just one of 9 total Michael Keenan quotes in our collection. Michael Keenan is known for saying 'We have seen strong buying of bonds this week by foreigners. The underlying tone for bonds is to buy into any weakness, which suggests that the market expects bond yields to keep firming in the coming months.' as well as some of the following quotes.

If the gold price can sustain its latest surge then I think the rand will enjoy a bit of short-covering into the weekend. I would be targeting the mid-teens, around 6.13/dollar.

Michael Keenan
303

A rise in global demand, the relatively low cost of capital and a weaker rand have all helped lift manufacturing.

Michael Keenan
199
I think it was pretty neutral from a rand perspective but he did a paint pretty optimistic outlook for the rand. -Michael Keenan
196

What is remarkable about this growth is that it is coming off a high base.

Michael Keenan
171

This says to me we could see some inventory replenishment in coming months. As a consequence, I think the manufacturing sector is still in an upswing phase.

Michael Keenan
168
If you look at the subcategories, you see a backlog in sales orders while inventory levels are down and purchasing commitments are up. -Michael Keenan
166

We're targeting 6.20/dlr though that will be a tough level to break, but if it does it may target to 6.14/dlr.

Michael Keenan
163