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Futures edged away from their SFE......>

AUSSIE BONDS
AUSSIE BONDS: Futures edged away from their SFE lows overnight, with optimism
surrounding the upcoming Trump-Xi summit at G20 fading. YM last +1.0 tick, with
XM +1.5 ticks, leaving YM/XM a touch flatter at 41.5 ticks, while the cash
equivalent trades at 36.6bp.
- A limited start for Bills thus far, operating on low volume, trading unchanged
to 1 tick lower through the reds.
- Private sector credit data provides the highlight of the local docket today,
with Australia also set to host an RCEP meeting. G20 remains in focus, with eyes
on the Trump-Xi meeting scheduled for Saturday. Also worth highlighting that the
latest round of official Chinese PMI data will be released over the weekend.
- On the issuance front, the AOFM will likely announce its first round of ACGB
issuance for the new FY later today.
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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