FR0091 Maintained amid Rising UST10Y Yield. The yield on benchmark 10-year government bonds (SUN) FR0091 was maintained at 6.67% this weekend, amid rising UST10Y yields to 2.37% in trading the previous day. The weekend SUN market movement was also mixed, as demand for the US dollar (USD) increased, with the USD index rising 0.17%. The positive sentiment came from external sources, namely a drop in oil prices of more than 2%, and a meeting of Western leaders who united against the Russian invasion of Ukraine.
Download full report HERE.
