Free Trial
JPY

J.P.Morgan Recommend Long USD/JPY

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Twist Flattening

AUSSIE BONDS

Aussie bonds have nudged lower with a downtick in U.S. Tsys aiding the move. There hasn’t been anything in the way of meaningful headline flow to drive the space. Cash ACGBs run 1.0bp cheaper to 0.5bp richer across the curve, twist flattening, pivoting around 15s. YM is -0.5 and XM is -0.5, a little below their respective overnight highs, with YM back from a brief show above its overnight peak. Bills sit 2 tick richer to 2 ticks cheaper through the reds.

  • Australian trade balance data for June will cross in ~45 mins, with little else by way of tier one data releases due for the rest of the Sydney day.
110 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

Aussie bonds have nudged lower with a downtick in U.S. Tsys aiding the move. There hasn’t been anything in the way of meaningful headline flow to drive the space. Cash ACGBs run 1.0bp cheaper to 0.5bp richer across the curve, twist flattening, pivoting around 15s. YM is -0.5 and XM is -0.5, a little below their respective overnight highs, with YM back from a brief show above its overnight peak. Bills sit 2 tick richer to 2 ticks cheaper through the reds.

  • Australian trade balance data for June will cross in ~45 mins, with little else by way of tier one data releases due for the rest of the Sydney day.