Trial now
MNI

Test, Please Ignore

EUROZONE ISSUANCE

EGB Supply for W/C Jul 26

USDCAD TECHS

Pullback Considered Corrective

US TSYS SUMMARY

What a Short, Strange Trip It's Been

GLOBAL POLITICAL RISK

Pfizer, Moderna Jabs Retain High Trust; AZ, Sputnik Lower

AUDUSD TECHS

Trend Indicators Remain Bearish

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

  • Local & USD rates open weaker on the back of US sanctions threats at the start of the week, reversing gains made on Friday.
  • On Friday both curves closed firmly on the front foot, with locals bull steepening -5-6bp and USD bonds moving -2.3-2.8bp lower across the curve.
  • W/w Local bonds maintained their bear flattening bias while USD bonds registered a slight bull flattening.
  • Downside momentum in risk premia stalled out somewhat last week, with the 5Y CDS lifting 3.09bp.