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Free AccessThe space has stuck to a tight.........>
AUSSIE BONDS: The space has stuck to a tight range, consolidating just above the
SYCOM session lows. 3-Year Bond futures last trade at 97.795 (-3.5 ticks), while
10-Year Bond futures trade at 97.275 (-5.0 ticks).
- The domestic 3-10-Year yield differential last trades 1.9bp steeper at 53.6bp,
while the AU/US 10-Year spread is 0.6bp tighter at -10.3bp.
- 3-Month BBSW fixed 1bp higher for a second consecutive day with the white &
red Bill contracts last trading 3 ticks lower.
- The space shrugged off the release of the RBA's Financial Stability Review.
- Focus for the remainder of the week is likely to fall on the broader risk
environment and Fedspeak as we head into Tuesday's release of the minutes from
the latest RBA MonPol meeting, ahead of Thursday's Aussie labour market report.
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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.