Free Trial

Aussie bond futures tracked the........>

AUSSIE BONDS
AUSSIE BONDS: Aussie bond futures tracked the impetus from Tsys in SYCOM trade
and operate near the overnight lows in early Sydney dealing, after failing to
meaningfully extend through Tuesday's lows. YM -1.0, XM -2.0
- RBA's Heath spoke in early Sydney hours. Major headlines were covered by BBG,
as Heath noted that the "outlook for consumption remains a major uncertainty,"
although she does see a "consumption rise based on the tight labour market." She
also pointed to the growth boost that will be seen in the wake of the bushfires,
owing to rebuilds, and the "fluid" nature of the Coronavirus outbreak.
- Bills print unchanged to 2 ticks lower through the reds.
- A A$1.3bn tap of ACGB 2.50% 21 May 2030 & the latest round of AOFM buyback
operations are due today, as well as Westpac consumer confidence data.
- Worth noting that SAFA has launched A$1.0bn of its new 2032 line, that was
outlined last week.
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.