FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Richer

AUSSIE BONDS

Aussie bonds have ticked higher as Sydney participants react to Monday’s core global FI moves which were driven by disappointing tier-2 domestic data from the U.S. (Empire manufacturing & the NAHB housing market index). Cash ACGBs run 9-13bp richer across the curve, with the 7- to 12-Year zone leading the bid. YM is +11.5 and XM is +13.5, with both contracts operating through their respective overnight highs at writing. Bills run 6 to 14 ticks richer through the reds, while 3- & 10-Year EFPs have narrowed by a touch over 1bp apiece. Note that the Australian/U.S. 10-Year yield spread has narrowed by ~7bp since yesterday’s Sydney close, although the spread remains comfortably within the recently observed range, printing around the +45bp mark.

  • The minutes of the RBA’s policy meeting for August will cross in around 45 minutes.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.