South Africa Three-Year Yields Fall Below 6% on CPI Data

Yields on South Africa’s three-year bonds fell below 6 percent for the first time after inflation slowed in May.

The yield on 13.5 percent notes due 2015 fell six basis points, or 0.06 percentage point, to 5.998 percent as of 10:41 a.m. in Johannesburg.

To contact the editor responsible for this story: Robert Brand at rbrand9@bloomberg.net