Free Trial

Richer Start

AUSSIE BONDS

Cash ACGB's have opened dealing 2-4bps richer across the major benchmarks, the curve has bull steepened. This comes after US Tys rallied overnight after another Weekly Jobless Claims prints was firmer than expected, US Tsy Yields finished 4-8bps richer across the curve.

  • Futures are also a touch firmer, XM (+0.032) and YM (+0.04), paring some of yesterdays post employment gains.
  • RBA dated OIS remain stable, a terminal rate of 4.56% is seen in December.
  • The domestic data calendar is empty today, further out the docket is thin next week. With flash Judo Bank PMIs the highlight.

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.