Trial now
AUSSIE BONDS

Dragged Flatter By U.S. Tsys Overnight

US TSYS

Flat Re-Open

AUD

Attempted Recovery Short Lived

AUSSIE 10-YEAR TECHS

(U1) Uptrend Weakening

AUSSIE 3-YEAR TECHS

(U1) New Contract Low

Sign up now for free access to this content.

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

Overnight reverse repo usage rose $32.0B to a fresh high of $534.9B today, with 54 counterparties involved. That's the 4th consecutive day of all time highs. Continued high takeup will almost certainly be a question for Fed Chair Powell at next Wednesday's FOMC press conference, though the downward pressure on market rates may not yet be enough to force the Fed to adjust administered rates.


Source: Fed, MNI