MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: ECB Should Be Close To 2% In Next Quarters -Centeno

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI: US NOV IMPORT PRICES +0.1%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Twist Flattening Ahead Of RBA Minutes

AUSSIE BONDS

ACGBs have nudged away from worst levels, aided by a similar uptick in U.S. Tsys from their own session lows, unwinding some of the impetus from the overnight bear flattening in Aussie bond futures.

  • Cash ACGBs run 0.5bp richer to 1.5bp cheaper across the curve, twist flattening, pivoting around 15s.
  • YM and XM are -1.0 apiece, with the former back from a brief show below its overnight low after the Sydney open. EFPs are narrower, with the 3-/10-Year EFP box a touch steeper, while Bills run flat to 2 ticks cheaper through the reds.
  • The Minutes of the RBA’s Sep policy meeting will be published in ~1 hour.
  • STIR markets now price in ~43bp of tightening for the RBA’s Oct meeting, edging away from the peak observed on Monday (~45bp) after Westpac’s call for a 50bp rate hike in Oct.
BulletMarketsFixed Income BulletsHomepage
BulletMarketsFixed Income BulletsHomepage

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.