MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

MNI: UK NOV FINAL MANUF PMI 48.0 (FLASH 48.6); OCT 49.9

MNI: EUROZONE NOV FINAL MANUF PMI 45.2 (FLASH 45.2); OCT 46.0

MNI: PBOC Net Drains CNY216 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Lower At 7.1865 Mon; -1.50% Y/Y

MNI: China CFETS Yuan Index Up 0.01% In Week of Nov 29

MNI: EUROZONE OCT UNEMPLOYMENT RATE 6.3%

MNI: GERMANY NOV FINAL MANUF PMI 43.0 (FLASH 43.2); OCT 43.0

MNI: FRANCE NOV FINAL MANUF PMI 43.1 (FLASH 43.2); OCT 44.5

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

MNI EXCLUSIVE: German Turmoil Dashes EU's Joint-Funding Hopes -Officials

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Cash ACGB Yields Jump On Return From Holiday, Post-FOMC Impetus In Play

AUSSIE BONDS

ACGB yields shot higher as cash trading re-opened after an Australian holiday, with the space digesting the Fed's hawkish pivot. The interplay between the prospect of more aggressive Fed action and mounting inflationary pressure in both Antipodean economies has generated selling pressure, which hit Aussie bonds in early Sydney trade.

  • The yields on ACGBs sit 6.5-9.0bp higher across the curve in cash trade, with 3s and 10s leading losses. Main futures contracts have extended their post-FOMC retreat as daytime trading reopened; YM last trades -7.5 & XM -6.0. Bills trade 2-10 ticks lower through the reds.
  • There are no local data releases left on this week's calendar, which turns focus to the supply of ACGB May '32 slated for Friday.
HomepageBond Market NewsBulletMarketsFixed Income Bullets
HomepageBond Market NewsBulletMarketsFixed Income Bullets

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.