Free Trial

Aussie Bonds followed Tsys on their....>

AUSSIE BONDS
AUSSIE BONDS: Aussie Bonds followed Tsys on their wild ride overnight, with YM
last -2.0 and XM +0.5, leaving the curve flatter as YM/XM deals at 30.0.
- Early comments from RBA's Bullock were not focused on MonPol, but she did
suggest that Australia's largest retailers are generally well-placed to weather
the effects of the sluggish domestic economy.
- Bills run 1-2 ticks lower through the reds vs. settlement.
- The IB strip is pricing a 65% chance of a 25bp cut at next month's RBA
meeting, with the probability rising in the wake of the RBNZ's surprise 50bp cut
on Wednesday.
- The latest round of monthly Chinese trade data will draw the attention of
participants today.
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.