MNI INTERVIEW: Fed QT Likely To Linger After Rate Cuts Start

MNI BRIEF: BOE Markets Head Sees Wider Collateral, More Repos

MNI PBOC WATCH: PBOC Cuts 7-Day Rate As Reconfigures Framework

MNI China Daily Summary: Monday, July 22

MNI BRIEF: PBOC Lowers Ceiling of Its Interest Corridor

MNI: PBOC Sets Yuan Parity Higher At 7.1335 Mon; -1.18% Y/Y

CBRT Data Watch

NBH Data Watch

Pay concerns push back easing expectations; curve flattens

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Just Shy Of Highs Ahead Of Event Risk

AUSSIE BONDS

Aussie bonds operate just shy of session highs as the early richening impulse derived from a recovery in core FI markets from Tuesday’s lows slows and participants await local & Chinese data.

  • Cash ACGBs run 1.5-5.0bp richer across the curve, with the 2- to -5-Year zone leading the way higher.
  • YM is +5.5, comfortably through its overnight high, while XM is +2.0, having failed to meaningfully break above its own overnight peak so far. EFPs have narrowed a little, with the 3-/10-Year box steepening, while Bills run 1 to 8 ticks richer through the reds, bull flattening.
  • Results from the auction of A$1.0bn of ACGB Nov-32 are due at the top of the hour, with July private sector credit and Q2 completed construction data due half an hour after, at the same time as official Chinese PMIs for Aug.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.