Trial now
US TSY FUTURES

Hawks Coming to Roost

OPTIONS

Expiries for Sep24 NY cut 1000ET (Source DTCC)

US EURODLR OPTIONS

Two-Way 3Y Midcurve Puts

AUSSIE BONDS
AUSSIE BONDS: Aussie bonds have extended Friday's SYCOM session losses, with
3-Year bond futures trading at 97.845 (-3.5 ticks) while 3-Year bond futures
last trade at 97.185 (-4.25 ticks).
- This has allowed the Australian 3-/10-Year yield differential to widen by
1.5bp to 69.9bp last, while the AU/US 10-Year yield spread last trades at
-8.2bp.
- The short end has followed bonds lower, with 3-Month BBSW fixing 1bp higher
today as funding pressures in Australia continue to mount.
- There is little on the domestic economic docket today for Australian bond
traders, with the space drifting lower alongside US Tsys in early dealing as
risk assets have moved higher.
- Today's focus for the fixed income space will be on the US 3- & 10-Year
auctions, while Tuesday's 30-Year supply & US CPI release will also garner
attention.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com