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U.S. Tsys Push The Space Steeper, ACGB Supply Eyed

AUSSIE BONDS

YM -1.0, XM -3.5, with the latter having a brief look through its SYCOM lows in early Sydney trade, after the space saw some spill over from the steepening pressure witnessed in U.S. Tsys.

  • October's flash CBA PMIs saw the rate of expansion in the composite reading accelerate, driven by an uptick in the services metric, while the rate of expansion witnessed in the manufacturing sector slowed at the margin.
  • Bills sit 1-2 ticks softer through the reds.
  • Today's local focus will fall on the release of the AOFM's weekly issuance schedule and A$1.5bn worth of ACGB 0.50% 21 September 2026 supply.
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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