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Bear Flattening Holds

AUSSIE BONDS

Aussie bond futures bear flattened in the final overnight session last week, with the impetus from UK Gilt trade and the twist flattening in U.S. Tsys in the driving seat, as the space finished well off overnight lows. That leaves YM -7.0 and XM -1.0 in early Sydney trade, with the former coming under some light pressure and the latter little changed vs. late Sydney levels.

  • The local and Asia-Pac dockets are thin on Monday, leaving headline flow and local participants’ adjustments to Friday’s after hours moves at the fore.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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