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USDCAD TECHS

Heading North

GLOBAL POLITICAL RISK

Modi, AMLO Top Major Economy Leader Poll, Macron Last

AUDUSD TECHS

Under Pressure

EURJPY TECHS

Trend Condition Remains Bearish

BOND SUMMARY

It has been a relatively uneventful start to the session. T-Notes trade -0-03+ at 131-23, hugging a 0-03 range. Cash Tsy yields sit 0.2-0.9bp lower across a marginally flatter curve. Eurodollar futures trade unch. to -1.0 tick through the reds.

  • JGB futures have wavered around neutral levels, last sit at 151.26, just 2 ticks below Wednesday's settlement. Cash curve has steepened a tad, as the super-long end underperforms. The space shrugged off a beat in Japan's BoP current account balance. Focus moves to domestic consumer confidence & Eco Watchers Survey, as well as auctions for 5-Year JGBs & 6-Month Bills.
  • ACGB yields trade -1.0bp to +1.0bp across the curve, with belly outperforming. YM last seen +0.5 & XM +1.0 as we type. Bills trade -1 to +1 tick through the reds. There is little of note on the local docket today.
MNI London Bureau | +44 203-865-3806 | krzysztof.kruk@marketnews.com
MNI London Bureau | +44 203-865-3806 | krzysztof.kruk@marketnews.com