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Looking Elsewhere For A Lead

AUSSIE BONDS

Aussie bond futures hover around unchanged levels at the start of the week, after sticking to tight ranges on SYCOM. A reminder that the U.S. holiday will thin broader market liquidity out, and when this is coupled with a lack of Australian risk events it will leave market participants to headline watch on Monday.

  • Dynamics in the yuan will likely headline in Asia-Pac hours after the weekend adjustments that the PBoC made to CNY forward trading (see earlier bullets for details).
  • Bills unchanged to -1 through the reds.
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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