Free Trial

Looking For A Spark

AUSSIE BONDS

Wednesday provided a particularly narrow round of Sydney trade for the longer end of the Aussie curve, YM unch. and XM +1.0 at the close.

  • ACGB Nov '31 supply was easily digested, while the uptick in the latest Australian Westpac consumer confidence reading took the metric back towards the multi-year highs witnessed in December's print.
  • Swap spreads were generally flat to a touch wider across the curve.
  • The latest round of RBA ACGB purchases are due on Thursday, with the potential for a particularly limited session given the widespread holidays that will be in play across the Asia-Pac timezone.
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.