Trial now
JGB TECHS

(Z1) Bearish Trend Condition

AUSSIE 10-YEAR TECHS

(Z1) Bearish Price Sequence

AUSSIE 3-YEAR TECHS

(Z1) Off Recent Highs

US 10YR FUTURE TECHS

(Z1)‌‌ Support Appears Exposed

Not much to pen for the space all in...>

BOND SUMMARY
BOND SUMMARY: Not much to pen for the space all in all.
- T-Notes sit around the middle of their tight range, last -0-03+ at 131-08+,
with the cash curve twist steepening as 10+-Year paper underperforms.
- Aussie bond futures have stuck to a tight range, with the latest 10-Year
basket bond auction & local data having little impact on the space. YM +1.0, XM
+5.0, with YM/XM at 22.5. Bills 1 tick lower to 1 tick higher through the reds.
- Friday's late Tokyo price action spilled into early JGB trade this week, with
the curve twist steepening (per TradeWeb prices), in the wake of BoJ Governor
Kuroda's comments, that were made late last week. JGB futures +13 ticks at
writing, just back from best levels.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com