Free Trial
USDCAD TECHS

Impulsive Rally Extends

US TSYS

Late Eurodollar/SOFR/Treasury Option Roundup

EURJPY TECHS

Price Is Below The 50-Day EMA

US

Late Corporate Credit Update

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Steeper, Tracking Tsys

AUSSIE BONDS

Aussie bond futures tracked the gyrations in the U.S. Tsy space in post-Sydney dealing, initially going bid, peaking after softer than expected U.S. PPI data, before registering fresh session lows late in the overnight session, with the YM/XM curve bear steepening. That leaves YM -8.0 and XM -12.0 in early Sydney trade, a little off overnight lows. Meanwhile Bills run +1 to -11 through the reds, twisting steeper.

  • There hasn’t been much in the way of meaningful domestic news flow to digest since Thursday’s Sydney close.
  • Looking ahead, A$700mn of ACGB Sep-26 supply and the release of the AOFM weekly issuance slate present the domestic highlights ahead of the weekend.
110 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Aussie bond futures tracked the gyrations in the U.S. Tsy space in post-Sydney dealing, initially going bid, peaking after softer than expected U.S. PPI data, before registering fresh session lows late in the overnight session, with the YM/XM curve bear steepening. That leaves YM -8.0 and XM -12.0 in early Sydney trade, a little off overnight lows. Meanwhile Bills run +1 to -11 through the reds, twisting steeper.

  • There hasn’t been much in the way of meaningful domestic news flow to digest since Thursday’s Sydney close.
  • Looking ahead, A$700mn of ACGB Sep-26 supply and the release of the AOFM weekly issuance slate present the domestic highlights ahead of the weekend.