Makrognosis

South Africa Sovereign Bond Spread vs US Treasuries

DailyNot seasonally adjustedCode ZA.SOVSPREAD.D.NSA

Latest349.0 bps10 November 2026
Previous361.0 bps9 November 2026
Year ago510.0 bps10 November 2025

South Africa Sovereign Bond Spread vs US Treasuries was 349.0 bps in 10 November 2026, down 3.3% from 9 November 2026 and down 31.6% from a year earlier.

That is the lowest reading since 17 October 2007.

Over the past ten years it has ranged from 349.0 bps (10 Nov 2026) to 1,203.0 bps (24 Mar 2020), averaging 703.4 bps.

South Africa Sovereign Bond Spread vs US Treasuries (bps), 2 Jan 2002 – 10 Nov 20262004006008001,0001,20020052010201520202025Robomacro
South Africa Sovereign Bond Spread vs US Treasuries (bps), 2 Jan 2002 – 10 Nov 2026. Source: Makrognosis (computed from agency-direct inputs).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
10 November 2026349.0 bps
9 November 2026361.0 bps
6 November 2026365.0 bps
5 November 2026370.0 bps
3 November 2026378.0 bps
2 November 2026385.0 bps
30 October 2026380.0 bps
29 October 2026377.0 bps
28 October 2026374.0 bps
27 October 2026382.0 bps
26 October 2026384.0 bps
23 October 2026384.0 bps
22 October 2026386.0 bps
21 October 2026376.0 bps
20 October 2026384.0 bps
19 October 2026376.0 bps
16 October 2026383.0 bps
15 October 2026384.0 bps
14 October 2026375.0 bps
13 October 2026378.0 bps
12 October 2026378.0 bps
9 October 2026379.0 bps
8 October 2026388.0 bps
7 October 2026379.0 bps

Last 24 observations. The full history (6,207 observations) is available through the API.

Get South Africa Sovereign Bond Spread vs US Treasuries in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/ZA.SOVSPREAD.D.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/ZA.SOVSPREAD.D.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observation10 November 2026
First observation2 January 2002
Observations6,207
FrequencyDaily
Unitsbps
AdjustmentNot seasonally adjusted
10-year high1,203.0 bps (24 Mar 2020)
10-year low349.0 bps (10 Nov 2026)
10-year average703.4 bps
Source agencyMakrognosis (computed from agency-direct inputs)
Makrognosis codeZA.SOVSPREAD.D.NSA

This series is a labelled reference series (an official figure republished by an aggregator) rather than a first print from the agency itself.

Compare across countries

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Other South Africa indicators

South Africa GDP (Gross Domestic Product)South Africa Nominal GDP at market prices (ZAR million, SAAR, SARB QB)South Africa Inflation Rate (CPI)South Africa Unemployment RateSouth Africa 10-Year Government Bond YieldSouth Africa Credit Rating & Sovereign Risk ScoreSouth Africa Industrial ProductionSouth Africa Retail SalesSouth Africa Producer Price Inflation (PPI)South Africa Current Account Balance - Balance of Payments (NSA)South Africa Trade Balance: Goods & ServicesSouth Africa Exports of goods and services, constant 2015 prices, SA annualised (SARB Web API NRI6013D; Quarterly Bulletin KBP6013D)South Africa Total Exports of Goods Including Gold - SARS Customs (NSA)South Africa Imports of goods and services, constant 2015 prices, SA annualised (SARB Web API NRI6014D; Quarterly Bulletin KBP6014D)South Africa Total Imports of Goods - SARS Customs (NSA)South Africa Government Debt to GDP

FAQ

What is the current sovereign Bond Spread vs US Treasuries in South Africa?
The latest reading is 349.0 bps for 10 November 2026, published by Makrognosis (computed from agency-direct inputs).
Where does this data come from?
It is collected directly from Makrognosis (computed from agency-direct inputs) and is available through the Makrognosis API under the code ZA.SOVSPREAD.D.NSA.

Last updated 2026-11-12. Source: Makrognosis (computed from agency-direct inputs). Original title: “ZA 10-Year Sovereign Spread vs U.S. Treasury (Makrognosis proxy; GT10 − US 10Y)”.