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CHINA RATES

Futures Resume Rise

AUSSIE BONDS

AOFM Weekly Issuance Slate

TWD

Stronger As Gathering Limits Eased

CHINA RATES

China Repo Rates Diverge Friday

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After starting the session flatter, yld curves moving steeper last few minutes as bonds continue to extend session lows: 5s30s over +3bp to 121.35 -- back near Thu's high -- but still off Tuesday's high of 126.8.
  • Volumes improving (TYU >455k) amid some knock-on selling in long end as Gilts and Bunds come under pressure as well.