Trial now
AUSSIE 10-YEAR TECHS

(M1) Pressures The 50-DMA

AUSSIE 3-YEAR TECHS

(M1) Directional Triggers Intact

USDCAD TECHS

Bears Hold All The Cards

AUDUSD TECHS

Trades Below Key Support

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

A light bid in T-Notes at the re-open after the contract faded from best levels in the second half of NY trade, last -0-01 at 136-21.

  • 30-Year yields failed to make a clean break through the 2.00% level on Monday, despite a brief and limited show above in early European hours, with the rebound resulting in some twist flattening of the curve, as 30s richened by ~2.0bp on the day come the bell. Several desks pointed to steepener unwinds as a driving factor on the aforementioned failure at 2.00% for 30s, with the 5-/30-Year spread retracing back below 150bp after registering fresh multi-year steeps.
  • There is nothing in the way of headline tier 1 risk slated for Asia-Pac hours, with participants already looking to this week's coupon Tsy supply schedule, which kicks off with 3-Year issuance on Tuesday.