Free Trial

Narrow Ranges Ahead Of The holiday

AUSSIE BONDS

In Australia, the broader round of muted core FI trade observed during Asia-Pac hours was compounded by the impending Australia Day holiday (which will be observed on Tuesday), leaving local bond futures to stick to the ranges that were established in the final overnight trading session of last week. YM unch., XM +1.5 at the bell. Cash ACGB trade saw some light bull flattening, with swaps generally wider across the curve.

  • Looking ahead, local Q4 CPI data (due Wednesday), headlines the local docket this week, while Friday's A$2.5bn ACGB 0.25% 21 November 2024 supply presents the only round of ACGB issuance this week (although it should be easily digested owing to the relatively low weekly DV01 risk offering)
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.