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Reporting on key macro data at the time of release.
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Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
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AUSSIE BONDS: Little to disturb the bull flattening impetus previously outlined,
with XM sitting just off highs. YM +0.5, XM +4.5.
- Locally, we have seen another round of dismal vacancies data, although as we
pointed out yesterday, SEEK private data points to a slightly warmer picture in
recent weeks, albeit with their measure of job ads well shy of pre-COVID-19
- Bills sit -1 to +1 through the reds.
- Elsewhere, focus continues to fall on the COVID-19 situation in the state of