Trial now
US TSYS

Coiling

AUSSIE BONDS

Futures Shrug Off Uninspiring ACGB Auction

CNH

Fix Eyed

Aussie Bonds have tracked Tsys.........>

AUSSIE BONDS
AUSSIE BONDS: Aussie Bonds have tracked Tsys higher on the back of the latest
FOMC decision, with the AU/U.S. 10-Year yield spread holding steady at ~-36.0bp,
while the domestic 3-/10-Year domestic yield differential trades a little
flatter at ~61.5bp last.
- Solid month-end extensions are expected to draw support for the space.
- Elsewhere, 3-Month BBSW fixed ~0.6bp higher today. ANZ have noted that "BBSW
has been largely static for the last month, bank deposit data is out in coming
days & may shed light on the non-move."
- The Bill strip trades unchanged to 3 ticks higher last.
- Participants look to the AOFM's weekly issuance schedule with interest, ahead
of next week's RBA MonPol decision, AU trade data & retail sales. It is also
worth noting that RBA's Heath will make an appearance next week.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com