Free Trial

Tracking The Broader Beat

AUSSIE BONDS

There has been little in the way of idiosyncrasies to drive Aussie bonds thus far, with the early U.S. Tsy-driven bid fading, before fresh selling pressure came in on the back of the confirmation of a Blinken-Lavrov meeting next week. The major futures contracts still operate a little above overnight lows, but are into negative territory on the session, with YM -1.0 and XM -2.5.

  • Looking at next week’s AOFM issuance slate, the Agency chose to maintain 3 rounds of regular ACGB supply, albeit with A$500mn less on offer vs. this week (along with a slight extension in terms of the average maturity of the bonds on offer). That shortfall is being covered by an uptick in notes issuance.
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.