Free Trial

Aussie bond futures have sold off......>

AUSSIE BONDS
AUSSIE BONDS: Aussie bond futures have sold off today with 10-year futures down
2bps at 97.21. Early gains were capped at 97.24 returning the focus to the Sep
26 lows at 97.20. 
- The 3-year future has underperformed, dropping 3bps to trade at 97.855, below
yesterday's lows. 
- 10-year yields are flat on the day after recovering early loses to test
yesterday's highs at 2.768%. 
- The 2s-10s curve has seen bearish flattening, trading at 69.80bps, edging down
from 8-month highs seen yesterday.
- The AU-US spread is down 0.2bps at -47.9, up 5bps from Friday's low. The real
yield spread has also narrowed 2bps from yesterday's low to -21.57bps.

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.