Financial Intelligence

According to investors in South African Government debt, i.e those who lend money to the SA Gov by way of owning Gov bonds...SA is becoming more risky. This can be seen in the steepening of the yield curve. More interestingly in step changes in Gov bond yields at specific events. The firing of finance minster Nene in Dec 2015 was one of these significant events. The next one was Corona virus lockdown in March 2020. In this podcast I talk about how these events and the step changes in Gov bond yields are the indicators of a more risky environment in South Africa.