Free Trial

Downtick Into CPI

AUSSIE BONDS

ACGBs nudge lower ahead of the heavily awaited Q2 CPI print, with the front end of the curve leading the way, as the major benchmarks run 1-4bp cheaper on the session. That leaves YM -3.0 & XM -1.5. We would suggest some worry re: the potential for a firmer than expected round of CPI data and thin markets are playing into this move. Bills run 2-4bp cheaper through the reds.

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.