Free Trial

Futures Off Worst Levels

AUSSIE BONDS

The uptick in U.S. Tsys has helped to drag Aussie bond futures off of multi-week lows, leaving YM -6.5 and XM -9.5. Cash ACGBs run 5-11bp cheaper across the curve, with the super-long end leading the way lower. There hasn’t been much in the way of meaningful information to contend with, outside of the previously outlined ACGB auction and the release of next weeks AOFM issuance slate (which comprises of ~A$974K of DV01 when it comes to ACGB issuance, a slight step down from this week’s amount, and A$2.5bn of note supply, a step up from the A$2.0bn seen this week).

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.