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AUSSIE BONDS: XM happy to drift back towards the SYCOM lows in early Sydney
trade, re-steepening the curve at the margin, after the contract took its lead
from U.S. Tsys overnight, closing at worst levels.
- YM last unchanged, XM -1.5.
- Bills run unchanged to 1 tick lower through the reds, with the overnight cash
rate fixing 1bp higher.
- A$3.0bn worth of ACGB 0.25% 21 Nov 2024 supply, as well as PPI data, CoreLogic
house prices and the latest AOFM weekly issuance schedule headline the local
docket today.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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