🇿🇦 SOUTH AFRICA 364-DAY TREASURY BILL AUCTION JUST DROPPED 👀
⏰ Results out today around 04:30 AM EST / 01:30 AM PST
📅 The 364-day T-Bill is basically South Africa's near-1-year gov debt paper
💰 Government uses it to grab short-term cash
📊 The yield here is a big tell on inflation vibes, liquidity, and what traders expect from SARB rates
🔍 Why crypto & macro traders should care:
📈 Higher yield → Signals tighter money, inflation worries, or hawkish policy
📉 Lower yield → Points to easing bets, more liquidity coming
💱 Directly hits the ZAR strength, bond prices, and overall emerging market risk appetite
In a world of global liquidity swings, moves in EM yields like this can ripple into risk-on assets.
Watch the final yield number and bid coverage closely — strong demand could mean dovish surprise ⚡
Eyes on ZAR pairs and EM flows today.
