Free Trial

NZ CPI Data Provides Support

AUSSIE BONDS

Softer than expected CPI data from across the Tasman (which still represented a multi-decade high in Y/Y terms) has provided some support for the space, leaving YM +3.5 & XM +6.0. There may have also been some spill over from the U.S. Tsy space surrounding the previously outlined headlines re: the Capitol, with YM & XM sitting a touch off of their respective Sydney peaks. Longer end ACGB bonds are ~7bp richer on the session. EFPs are incrementally wider on the session.

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.