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Tight Early On, Cash Closed

AUSSIE BONDS

The NSW-holiday induced closure of cash ACGBs is limiting activity in futures, with YM and XM sticking to tight ranges thus far, both printing -0.5 at typing.

  • South East Queensland has extended its lockdown through 16:00 on Sunday on the back of the discovery of 13 new COVID cases in the state.
  • Today's local data docket isn't expected to provide much impulse for the space, given its lower tier nature and the proximity to tomorrow's RBA monetary policy decision.
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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