Free Trial

Squeeze Continues

AUSSIE BONDS

The space continues to squeeze higher with the usual profit taking/short squeeze discussions doing the rounds. YM last +19.5, while XM is +16.5. Local data saw a wider than expected trade surplus, even with exports missing expectations (imports were in line), while building approvals data was on the soft side vs. expectations. Chinese Caixin services & composite PMI data is due shortly.

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.