Free Trial

Offshore Drivers Dominated, Latest ACGB Supply Due

AUSSIE BONDS

The futures curve has steepened a touch since the re-open, unwinding a little of the post-Sydney flattening observed ahead of the weekend, with U.S. Tsy gyrations largely in the driving seat since Friday’s settlement. That leaves YM +0.5, while XM is +3.0.

  • A$400mn of ACGB Jun-39 supply headlines the local docket on Monday, with little in the way of notable data releases due during the Asia-Pac session. Note that the latest round of LPR fixings out of China may provide some impetus for the space.
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.