Free Trial

Supported By The RBA & Broader Tone

AUSSIE BONDS

The RBA's scheduled resumption of ACGB purchases (which met broader expectations in terms of size) and the bounce from lows in U.S.Tsys/light pressure on e-minis supported the Aussie bond space, with YM +0.5 and XM +2.0 at the close of Sydney trade.

  • Participants looked through the final local retail sales print for November, which was marginally firmer than the strong flash reading, with the data reflective of the Victoria re-opening.
  • Cash trade saw the ACGB curve flatten with swap spreads tightening a little across most of the curve.
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.