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October 06, 2022 00:42 GMT
Meandering Through Early Trade
AUSSIE BONDS
No reaction in Aussie bonds to the modest richening in U.S. Tsys and narrower than expected Australian trade surplus in August, which saw a more meaningful upside surprise in imports than in exports (the headline trade surplus remains elevated in a historical sense).
- YM & XM are oscillating in tight ranges, a little above their respective overnight bases, while wider cash ACGB trade sees the major benchmarks printing 10-13bp cheaper, with 10s still leading the weakness. Bills run 7-16bp cheaper 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
To read the full story
Close
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.
Sign up now for free trial access to this content.
Please enter your details below.
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.
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