CORRECTED-MNI: Fed's Hammack-Near Or At Time To Slow Rate Cuts

MNI BRIEF: Fed's Goolsbee Sees Rates Fair Bit Lower In A Year

CANADA JOBLESS RATE +6.8% VS FORECAST +6.6%, PRIOR +6.5%

MNI China Daily Summary: Friday, December 6

MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Lower At 7.1848 Fri; -1.64% Y/Y

MNI: UNIV OF MICHIGAN CONSUMER SENTIMENT PRELIMINARY DEC INDEX 74.0

CANADA NOV IVEY PURCHASING MANAGERS INDEX 52.3 SA

EZ/UK Bond Supply Calendar: Austria, UK Auction on Tuesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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

Light Early Flattening Futures, Docket Picks Up Later In Week

AUSSIE BONDS

YM starts the week a touch lower, with the move linked to the same ECB sources/Russia news combination we flagged in our U.S. Tsy comment, while XM is a little better bid, perhaps in sympathy with the twist flattening observed in Tsys on Friday. Cash ACGBs sit 2-3bp richer across the curve.

  • This comes after the major Aussie bond futures contracts bull steepened in the final overnight session of last week, but finished off of session steeps.
  • There hasn’t been much in the way of major weekend news flow to digest in Australia.
  • Monday’s local docket is empty, which will leave futures roll activity and headline watching at the fore. Things pick up as we move through the week, with the labour market report (Thursday) dominating the domestic calendar, supplemented by the major business and consumer confidence readings, as well as CBA household spending data (all due Tuesday).
  • Also note that Australia has confirmed that Thursday 22 September will be a national holiday, owing to the passing of Queen Elizabeth II.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
HomepageBond Market NewsBulletMarketsFixed Income Bullets
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
HomepageBond Market NewsBulletMarketsFixed Income Bullets

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.