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Just Above Overnight Lows

AUSSIE BONDS

Aussie bond Futures were ultimately pulled lower overnight with the moves in the U.S. Tsy sphere in the driving seat, leaving the space at worst levels at the close of post Sydney dealing. The benchmark futures contracts operate a touch above their late overnight lows at the re-open, with YM -6.5 and XM -7.0 at typing. Bills run -5 to -8 through the reds.

  • There hasn’t been much in the way of meaningful domestic news flow since the Sydney lose, leaving wider market impetus in the driving seat.
  • The latest round of monthly trade balance data headlines the domestic docket on Thursday.
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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