Free Trial

Some Syndication Weakness Unwinds

AUSSIE BONDS

The curve flattened overnight, with XM holding a tight range until the latter part of SYCOM dealing, when it started to track the U.S. Tsy space's recovery, edging higher as a result. YM unchanged, XM +3.5, as the latter unwinds some of yesterday's supply driven pressure.

  • Local reports have suggested that the premier of the state of Victoria is set to follow the advice of local medical advisors and reduce the 12-month extension of the state's state of emergency, trimming it to a 6-month extension.
  • After local hours on Wednesday Fitch affirmed Queensland's credit rating at AA; Outlook Stable.
  • Aurizon has priced A$500mn of 10-Year A$ paper.
  • Q2 private CapEx data headlines the local docket today, as the Q2 GDP partials continue to roll in.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.