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A Light Bid Creeps In, Futures Volume Boosted By Rolls

AUSSIE BONDS

A light bid has come into the space over the last hour or so, with YM lodging a fresh Sydney high as result, although both YM and XM continue to operate comfortably within the confines of their respective overnight ranges as participants look ahead to the impending U.S. CPI release. Roll activity continues to boost volume in the background, although the pace has slowed (when compared to Monday) ahead of Thursday’s expiry, with an estimated 55% of the YM roll complete and an estimated 66% of the XM roll conducted.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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