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XM Testing Overnight Highs

AUSSIE BONDS

Not seeing much of a catalyst for the latest uptick in the ACGB space, driven by the 10-Year zone, as XM futures tests their overnight high. 10s still outperform on the wider curve, with benchmark ACGBs running 13-22bp richer on the day.

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Not seeing much of a catalyst for the latest uptick in the ACGB space, driven by the 10-Year zone, as XM futures tests their overnight high. 10s still outperform on the wider curve, with benchmark ACGBs running 13-22bp richer on the day.