© 1982-2023 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: Fed's Barr Sees Stronger Rules For Banks Over $100B

MNI BRIEF: Barr Says Fed Monitoring Rate Risk At Banks

MNI BRIEF: Fed's Bullard Says Financial Stress Has Risen

SARB Watch

EZ/UK Bond Supply Calendar: GR Synd Expected, PT Buyback Wed

SARB Data Watch

MNI BRIEF: FDIC To Conduct Review Of Deposit Insurance

MNI BRIEF: Fed's Barr: Will Use All Tools To Keep Banks Safe

(RPT)MNI INTERVIEW:Ex-FDIC Chair Downplays Bank Contagion Risk

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
Trending Top 5
Market News Topics

Off Best Levels

AUSSIE BONDS
HomepageBond Market NewsBulletMarketsFixed Income News

Bond futures sit a little shy of their Sydney session peaks, after reaction to Thursday’s key central bank meetings drove a bid in the early rounds of Friday trade. There hasn’t been anything in the way of meaningful reaction to firmer than expected Caixin services PMI data out of China. YM is +13.0, while XM is +16.0. The 10- to 12-Year zone continues to lead the bid on the wider ACGB curve. Also note that next week’s AOFM issuance slate sees a continued A$1.5bn run rate for ACGB issuance, albeit over 2 auctions (ACGB May-28 & Nov-33), as opposed to this week’s 3. Participants are now looking ahead to the U.S. NFP print, which will cross in the overnight session.

120 words

To read the full story

Why Subscribe to

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.

Bond futures sit a little shy of their Sydney session peaks, after reaction to Thursday’s key central bank meetings drove a bid in the early rounds of Friday trade. There hasn’t been anything in the way of meaningful reaction to firmer than expected Caixin services PMI data out of China. YM is +13.0, while XM is +16.0. The 10- to 12-Year zone continues to lead the bid on the wider ACGB curve. Also note that next week’s AOFM issuance slate sees a continued A$1.5bn run rate for ACGB issuance, albeit over 2 auctions (ACGB May-28 & Nov-33), as opposed to this week’s 3. Participants are now looking ahead to the U.S. NFP print, which will cross in the overnight session.