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Paring some gains


Brent Option Expiry – today at 19:30BST close


US Refiners Pushing Run Rates


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AUSSIE BONDS: Futures have drawn support from a heavy start for Asia-Pacific
equities, alongside U.S. Tsys.
- AU paper's outperformance vs. Tsys has allowed the AU/U.S. 10-Year yield
spread to move back to -50bp.
- The AOFM's planned issuance schedule for next week is due to hit at the top of
the hours, with Monday's A$9.5bn worth of redemptions opening up the potential
for increased issuance size.
- 3-Month BBSW fixed ~0.15bp lower today.
- IRZ8 volume has been heavy in early dealing with the bulk of trade occurring
at 98.03.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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