Free Trial

YM Off Lows, Trouble Staying Offered In Wake Of GDP

AUSSIE BONDS

YM has edged away from lows after a clear apprehension re: going offered in the wake of better than expected Q3 GDP data (with the data period in the rear-view now), despite an apparent lack of news flow. YM last -6.5 & XM -4.5, while bills sit 1 to 6 ticks lower through the reds, with a grind away from session lows also evident in that space (albeit on limited volumes).

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.