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The Sound Of A Longer Lockdown

AUSSIE BONDS

The 7-day extension of the COVID-related lockdown covering the Melbourne area (although the regional Victoria area will not see its restrictions extended) is potentially providing some incremental support for the space, with YM -0.5 and XM -1.5. Elsewhere, Bills trade unchanged to 1 tick lower through the reds, with a post-fix bout of activity noted in IRM1 after 3-Month BBSW fixed at the lowest level witnessed since late March.

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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