Free Trial

Long End Well Bid On Month-End Extensions

AUSSIE BONDS

Month-end flows in the driving seat, with the long end outperforming in cash trade on the back of the huge month-end extensions stemming from the large syndication of the new ACGB Jun '51 (as we highlighted earlier this week). Futures a little more contained, with YM unchanged and XM +2.0.

  • Bills sit unchanged to -1 through the reds.
  • No movement for the space on the back of local data, nor on the Chinese official PMI readings.
  • The AOFM provided a typical issuance slate for next week.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.