Free Trial

Bonds have eased a touch in early......>

AUSSIE BONDS
AUSSIE BONDS: Bonds have eased a touch in early dealing after the space tracked
US Tsys during the SYCOM session following the elongated holiday weekend. The
domestic 3-/10-Year yield differential continues to operate at ~60.0bp, while
the AU/US 10-Year yield spread trades at ~15.0bp.
- 3-Month BBSW fixed a mere 0.11bp higher today, with the white and red bill
contracts last trading unchanged to 2 ticks lower.
- Participants await the auction of A$150mln of the 2.00% 21 August 2035 I/L
Bond later today, but will probably look through the supply to the NAB business
survey and domestic housing finance data due later in the session.
- Wednesday will bring comments from RBA Governor Lowe, Thursday will bring
May's AU labour market report and Friday will bring comments from RBA's Ellis.
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.