Free Trial

Aussie Bond futures have stuck to a....>

AUSSIE BONDS
AUSSIE BONDS: Aussie Bond futures have stuck to a tight range, with U.S. cash
Tsys closed for a Japanese market holiday.
- Bonds have failed to benefit from the weekend headlines which noted that China
has pulled out of the upcoming scheduled trade talks with the U.S. amid
escalation of tariff threats.
- The domestic 3-/10-Year yield differential continues to hover around 59bp.
- The repo market continues to exhibit the signs of quarter end tensions,
treading higher again today. 3-Month BBSW fixed 1bp higher today, but still lags
the move seen in repo thus far in the cycle.
- The Bill strip trades unchanged to 3 ticks higher last.
- Participants look to the AOFM selling A$800mn of the 2.75% 21 November 2029
Bond at the top of the hour.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.