Free Trial

Aussie bonds drifted away from.........>

AUSSIE BONDS
AUSSIE BONDS: Aussie bonds drifted away from Monday's Sydney session peaks in
SYCOM dealing, with little in the way of movement in the AU/U.S. 10-Year yield
spread, as offshore matters drove price action.
- Limited price moves seen in early SFE dealing, leaving YM -0.5, with XM -2.0
at writing, curve a touch steeper vs. settlement, YM/XM printing +1.0 at 45.0.
- NAB saw A$2.25bn worth of its AUD 5-Year FRN benchmark offering price in late
Sydney hours on Monday, with TCV's new Nov 23 semi offering set to price today.
- Bills print unchanged to 1 tick lower through the reds as we type. Early trade
has seen small 2-way flow in IRZ0H1, as well as more recent 2-way activity in
IRH0, albeit at one price in both instances.
- The local docket is sparse today, with ANZ weekly consumer confidence data
already coming and going.
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.