Free Trial

XM traded back to unchanged levels.....>

AUSSIE BONDS
AUSSIE BONDS: XM traded back to unchanged levels after the Kim headlines allowed
the contract to recoup losses made on the back of the RBA choosing to focus on
the '25-'26 zone of the curve in today's round of ACGB purchases. Contract back
from recovery highs as Yonhap have denied the broader reports re: Kim's health,
XM -1.5. Bills hover around unchanged levels.
- Also eyes across the Tasman after RBNZ Governor Orr noted that he had an open
mind re: debt monetisation.
- Elsewhere, new weekly ABS data pointed to a deterioration in the labour market
in the first release of its kind, which shouldn't really come as a surprise
given the timing of the sample.
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.