Trial now
JGB TECHS

(Z1) Bearish Trend Condition

AUSSIE 10-YEAR TECHS

(Z1) Bearish Price Sequence

AUSSIE 3-YEAR TECHS

(Z1) Off Recent Highs

US 10YR FUTURE TECHS

(Z1)‌‌ Support Appears Exposed

AUSSIE BONDS
AUSSIE BONDS: The space continues to operate around the SYCOM lows, with U.S.
Tsys ticking a touch lower.
- The domestic 3-/10-Year yield differential continues to oscillate around 55bp,
while the AU/US 10-Year yield differential sticks to the low -20bp region.
- The bill strip has edged lower, in sympathy with bonds. 3-Month BBSW fixed a
modest 0.2bp higher today offering little impetus for the Bill strip.
- Focus remains on the issuance of the new 21 May 2041 Bond due next week, and
dynamics in the funding space. Participants also await China's Q2 GDP release.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com