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Steeper On U.S. Tsy Move

AUSSIE BONDS

The weakness witnessed in U.S. Tsys applied steepening pressure to the Aussie bond space overnight, with YM shedding 1.0 tick and XM -6.5 at the close of after-hours dealing.

  • There has been little in the way of notable domestic news flow since Monday's Sydney close.
  • Today's local docket consists of weekly payrolls data from the ABS, the weekly ANZ-Roy Morgan consumer confidence reading and A$150mn of 2.50% 20 September 2030 indexed bond supply from the AOFM.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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