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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
AUSSIE BONDS
The 10-year futures contract breached support today and is trading at a near-cycle low of 95.21.
- According to MNI’s technical team, the broader trend direction in the Aussie 10-year futures contract is down. The key support and the bear trigger at 95.660, the Aug 17 low, was breached. The break of this level reinforced a bearish theme and also confirmed the breach of major support at 95.670, the Jun 17 2022 low, marking a resumption of the medium-term downtrend.
- The cash ACGB 10-year yield has pushed to a high of 4.769% today, its highest level since 2011.
Figure 1: ACGB 10-Year Yield (%)
Source: MNI – Market News / Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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