Free Trial

Steepening

AUSSIE BONDS

The space has cheapened a little in early Sydney dealing, with the weakness witnessed in the latter part of after-hours trade extending, while the downtick in U.S. Tsys is applying some extra pressure. YM -1.0, XM -2.5, with the longer end of the cash ACGB curve subjected to more pronounced weakness, cheapening by ~5.5bp early on.

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.