Trial now
CHINA RATES

China Repo Rates Fall on Tuesday

AUSSIE SWAPS

RBC: Receive 1Y1Y Vs. U.S.

AUSTRALIA

NSW COVID Cases

KRW

Won Stronger, PPI Rises Again

CHINA RATES
CHINA RATES: China's 10 year bond futures have resumed trading following on as
they left off - remaining firm despite increasing risk on sentiment in the
equity market.
- Today's risk on rally in stocks has not prevented bond futures from adding 18
ticks as the Jan 31 high at 98.23 comes back into focus. Above here would open a
run at the Jan 8 highs. 
- Increased hopes of a trade breakthrough owing to the Axios report on a
potential Mar-a-lago meeting between Xi and Trump next month may be adding fuel
to rate cut bets as yuan risks recede.  
- The PBOC skipped open market operations resulting in a net drain of CNY20
billion due to maturing reverse repos.