# Rand slumps for fourth day as bonds extend selloff - Moneyweb

> The rand slumped for a fourth day to a ten-week low against the dollar, and 2026 bond yields rose to five-month highs. The selloff in global government bonds was driven by expectations that Trump's spending plans would lift inflation and US rates. Foreign investors sold R9.9 billion of South African bonds in the prior week.

- Date: 2016-11-14 · published 2016-11-14T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/74132-rand-slumps-for-fourth-day-as-bonds-extend-selloff-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

A weaker rand and higher local yields raise the cost of dollar-priced feed imports for South African buyers. The global bond selloff points to tighter emerging-market financing.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/news-fast-news/rand-slumps-for-fourth-day-as-bonds-extend-selloff/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.