JOHANNESBURG, June 20 (Reuters) - South African government bonds weakened sharply on Thursday and yields soared as emerging markets were heavily sold off after the U.S. Federal signalled it would start winding down its bond-buying programme.
The yield for the 2026 paper, which the market uses as a benchmark, surged 49 basis points to 8.385 percent, on track for its biggest daily increase in 10 years.
The shorter-dated 2015 paper lept 42.5 basis points to 6.53 percent.
(Reporting by Stella Mapenzauswa; Editing by Tiisetso Motsoeneng) Keywords: SAFRICA BONDS/
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