Free Trial

The space has stuck to a tight range...>

AUSSIE BONDS
AUSSIE BONDS: The space has stuck to a tight range in SFE dealing, with 3-Year
Bond futures last trading 3.0 ticks higher at 97.740, while 10-Year Bond futures
trade 4.5 ticks higher at 97.160, aided by a strong non-basket Bond auction & an
uptick in US Tsys.
- The domestic 3-/10-Year yield differential is 1.5bp flatter at 59.3bp, back
from yesterday's recent highs, while the AU/US 10-Year spread operates at
-15.2bp, unchanged on the day.
- There has been little in the way of catalysts, with traders eying next week's
RBA MonPol decision & SoMP.
- The longer end of the curve continues to be subject to the gyrations seen in
the US curve.
- 3-Month BBSW fixed 1bp lower today, at 2.045%, with the white and red bill
contracts last trading 2 to 4 ticks higher.
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.