Free Trial

Aussie Bonds continue to operate.......>

AUSSIE BONDS
AUSSIE BONDS: Aussie Bonds continue to operate at/around SYCOM closing levels,
after edging lower as their recent underperformance vs. U.S. Tsys continues.
This leaves the AU/U.S. 10-Year spread at -26.0bp last, while the domestic
3-/10-Year yield differential has crossed back above 60bp on the latest run of
AU long end underperformance.
- 10-Year futures broke below the range observed in July, and now print at
levels not seen since mid-June.
- 3-Month BBSW fixed 0.4bp higher today, with the Bill strip following bonds
lower to last trade 1-3 ticks worse off.
- AU retail sales, due Friday, provides the highlight ahead of next week's RBA
MonPol decision.
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.