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Futures Flat Come The End Of Overnight Trade

AUSSIE BONDS

Futures retraced their post-Sydney losses as U.S. Tsys recovered from worst levels of the day, leaving YM & XM at unchanged levels come the close.

  • The onshore reaction to the Tsy curve steepening in the U.S. will be eyed after the ACGB 3-/10-Year yield spread moved to fresh multi-month highs on Tuesday.
  • A$1.0bn of ACGB 1.00% Nov '31 supply is due on Wednesday.
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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