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Off Lows On Wider Moves


Aussie bonds are following the broader, albeit limited, gyrations in the wider core global FI markets and have retraced back above early Sydney levels after a brief show lower. That leaves YM -3.0 & XM -1.0, while wider cash ACGBs run 3bp cheaper to 2bp richer, twist flattening, with a pivot around 15s. Bills run flat to -5 through the reds, bear flattening.

  • Next week’s AOFM issuance slate is pretty vanilla, with ACGB Apr-25 & ACGB May-32 on offer.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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