Free Trial

Dragged Away From Highs On Wider Cheapening

AUSSIE BONDS

The weakness that we have flagged in JGBs (and U.S. Tsys) has dragged ACGBs away from best levels, with a lack of major headline flow evident. YM +5.0 at typing, while XM is -3.0, with twist steepening apparent as the curve pivots around 7s. The bond-driven nature of the post-BoJ moves continues, with EFPs tightening in Sydney hours.

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.