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RBC Enter A Tactical Short In YM Futures

AUSSIE BONDS

RBC recommend entering a tactical short in YM futures as they think “the market reaction in front-end rates to last week’s RBA meeting then subsequently to SVB news is looking stretched.”• Entry was flagged at 96.80, with a stop at 97.05 given the ongoing potential for volatility and take profit at 96.50.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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