Free Trial

Bond futures consolidated on SYCOM,....>

AUSSIE BONDS
AUSSIE BONDS: Bond futures consolidated on SYCOM, sticking to a tight range
after drawing support from yesterday's uninspiring Q4 wage data.
- YM & XM have continued to operate in tight ranges in early SFE trade. YM
unch., XM +1.0 tick. YM/XM trades at 44.5, with the cash equivalent at 43.5bp.
- Bills trade unch. to 1 tick lower through the reds. RBA repos saw A$710mn
worth of 11-Day ops dealt at an average of 1.830%, while A$1.10bn worth of
27-Day ops were dealt at an average of 1.877%.
- Domestic labour market data provides the highlight of the Australian docket
today, and as ever will be keenly watched, with the RBA clinging to an upbeat
view on the trends observed in the space.
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.