MNI: RIKSBANK LEAVES KEY RATE UNCHANGED AT 3.75%

MNI BRIEF: China To Hold Key Third Plenum On July 15-18

MNI Brief: China Third Plenum To Deepen Reforms

MNI: PBOC Net Injects CNY80 Bln Via OMO Thurs; Rates Unchanged

CHINA PBOC CONDUCTS CNY100 BILLION VIA 7-DAY REVERSE REPOS THURS

MNI: PBOC Sets Yuan Parity Higher At 7.1270 Thurs; -0.78% Y/Y

Thedeen Does Not Commit To Cut In August, Depends on Data

EZ/UK Bond Supply Calendar: BoE APF on Monday

External Demand An Upside Risk to Riksbank Rate Path

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

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

Spike lower in Aussie bond yields......>

AUSSIE BONDS
AUSSIE BONDS: Spike lower in Aussie bond yields after the triple whammy of
weaker Aussie CPI, Private Sector Credit and China Manufacturing PMI compresses
AU/US 10-Year spread to 9.8bp - the lowest level in 17 years.
- Swap spreads pushing wider on the rally, with 3-Year trading at 0.75 post
data. Aussie 1y1y IRS marked lower, last at 2.25, with the spread to USD
touching a fresh low of -30bps. May RBA (1.53) now pricing a 12% chance of a
hike, down from 25% earlier this morning.
- Narrowing yield differential also heaping extra pressure on Aussie dollar,
AUD/USD last down 26 pips at 0.8055. The AU/US 2-Year spread briefly dropped in
to negative territory in Q4 2017 and currently sits at 8bp.
MarketsFixed Income Bullets
MarketsFixed Income Bullets

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.