10 Countries With The Highest 10-Year Bond Yields Today

6. South Africa

10-Year Yield: 8.4% 

Since the beginning of 2016, the 10-year bond yield in South Africa has been declining from 9.6% amid slowing inflation. Last month, the inflation in the country reached 4.6%, the lowest point since September 2015. With lower inflation, the South African Reserve Bank cut the interest rates for the first time in five years. The benchmark repo rate was reduced by 25 basis points to 6.75%. With inflation showing signs of slowdown, it is expected that the central bank will further reduce interest rates in an attempt to boost growth.

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