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Consolidation Mode But Remains Bearish


Fails To Hold Onto Thursday’s High


'Big Tech' Bill Goes To Senate


Oil Up For Fifth Week On Supply Disruption, Geopolitics

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The uptick in e-minis & U.S. Tsy yields flagged elsewhere has resulted in an unwind of the early Sydney bid, and more, which leaves YM at unchanged levels, while XM runs 7.0 above settlement. The 10- to 12-Year zone outperforms on the cash ACGB curve. 3-Year EFPs sit a touch narrower, while 10-Year EFPs have seen some notable widening, but haven’t extended beyond the recent range. Local data releases have provided no immediate impetus for the space.