Johannesburg - South African government bonds fell sharply and the rand reached its weakest in more than four weeks against the dollar on Monday, partly weighed down by concerns that the finance minister could be arrested.
The rand fell to 14.3850 to the greenback, off Friday's close at 14.3690 and softest since July 27.
Government bonds yields rose across the curve; the 2026 benchmark added 12 basis points to 9.085 percent.
A speech by the South African Reserve Bank’s deputy governor at 12h00 GMT could give the local market further steer.
REUTERS