Trial now
USDCAD TECHS

Needle Still Points North

AUDUSD TECHS

Bearish Correction Still In Play

AUSSIE BONDS
AUSSIE BONDS: The space operates around the SYCOM lows, with U.S. Tsys ticking a
touch lower and the USD on the front foot in early dealing as regional stock
markets open higher.
- 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, with 3-Month BBSW
fixing 0.2bp higher today.
- Focus remains on the issuance of the new 21 May 2041 Bond due next week, and
dynamics in the funding space.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com