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Flatter Again

AUSSIE BONDS

Curve flatter once again, following the impetus of Tsys overnight, YM unchanged, XM +2.0, with the latter having a look through its SYCOM highs in early Sydney dealing.

  • Worth flagging that local press commentary has pointed to discussion between PM Morrison and the Premier of the state of Victoria, which touched on the potential for deeper lockdown measures in Melbourne, as the city looks to combat its second wave of COVID-19 infections.
  • The AOFM's weekly issuance schedule and official Chinese PMI data provide the headline risk events for the space on Friday.
  • A reminder that the cash space will observe a holiday on Monday, given the state holiday in New South Wales.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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