Free Trial

Westpac "do not think 10yr yields......>

AUSSIE BONDS
AUSSIE BONDS: Westpac "do not think 10yr yields will move above 1%. We see the
10yr future trading a 99.05 to 99.30 range on average over the coming weeks. We
think we have seen the lows in the curve but do not think that it should steepen
too much further. Obviously it is very long end dependent and the view that
supply will steepen the curve is very prevalent, however we think the real
steepening will happen in the second half of the year. The 10-30yr curve is the
better reflection of medium-term supply risks."
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.