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Richer On Wednesday

AUSSIE BONDS

ACGB's have ticked higher on Wednesday, improving risk sentiment and a post-BOJ bid in JGBs which spilled over to the wider space have added support.

  • Futures are marginally firmer however XM and YM remain well within recent ranges.
  • November Westpac Leading Index printed at 0.07%, the prior read was -0.03%.
  • Domestic newsflow was limited today with no news of note crossing.
  • The next data of note is Friday's November Private Sector Credit, a reminder that there are no RBA speakers scheduled for this week.

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