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Local Risk Events Back To The Fore

AUSSIE BONDS

YM -0.5, XM -5.0 at typing, with the space operating comfortably off of overnight session lows but still running steeper on the day after taking cues from the U.S. Tsy space around the latest FOMC monetary policy decision.

  • The space has looked through a softer than expected round of NZ GDP data from across the Tasman.
  • The latest monthly labour market report headlines locally on Thursday. Elsewhere, RBA Assistant Governor Kent is due to make another appearance, this time speaking on "The End of LIBOR and the Australian market" at the ISDA Virtual Conference on Benchmark Strategies, meanwhile, the RBA will conduct its latest round of scheduled ACGB purchases.
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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