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Needle Still Points South

US TSYS

Yields Bounce as Equities Make New Monthly Highs

AUDUSD TECHS

Heading North

EURJPY TECHS

Bull Rally Accelerates

COLOMBIA

Economists Survey Raises 2021 CPI Forecast To 4.9%

AUSSIE BONDS
AUSSIE BONDS: ANZ "think fair value for the ACGB 2051s is flatter to the ACGB
2047s compared to the shape of the rest of the ultra-long end of the ACGB curve.
This is because the new line is likely to draw significant offshore demand, with
the ultra-long end of the curve looking cheap on a cross-market basis. We see
fair value as an EFP of +102bp over the current 10y futures contract."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com