Free Trial

Futures Off Lows, Curve Still Steeper

AUSSIE BONDS

Futures pull away from their early Sydney lows as U.S. Tsys also tick away from worst levels. We haven't seen much in the way of notable news or market flow to drive the move. YM +1.0, XM -5.0 at typing. Notable bear steepening remains evident on the cash ACGB curve, with longer dated bonds trading ~8bp cheaper on the day at typing, while the shorter end of the curve is little changed.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.