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Fresh XM Longs Were Set On Tuesday, YM Saw Fresh Shorts Set

AUSSIE BONDS

A quick look at the impact of Tuesdays' RBA decision on market structure via the combination of price action and open interest change points to fresh longs being set in XMU1, with prices finishing Sydney trade 2.5 ticks above Monday's settlement levels, while open interest jumped by nearly 10.0K.

  • Meanwhile, it would seem that fresh shorts were set in YMU1, with the contract shedding 1.0 tick vs. Monday's settlement levels, while open interest rose by ~3.5K
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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