Free Trial

Aussie 10-year futures trade flat at...>

AUSSIE BONDS
AUSSIE BONDS: Aussie 10-year futures trade flat at 97.36 as dips have been
bought to keep the bullish trend from the Nov 9 low firmly intact and the focus
on the Oct 30 high at 97.44. Cash yields trade at 2.635% just off yesterday's
lows as the AU-US spread sits at -42.4bps as recent narrowing is unwound. 
- The Australia 3s-10s spread sits up 0.5bps just of s-t range lows. 
- Friday's large drop in breakevens has failed to arrest the ongoing decline in
the AU-US real yield spread which sits at -27.9bps.

To read the full story

Close

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.