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YM Squeezes Higher

AUSSIE BONDS

The front end of the Aussie curve adds to its early outperformance, with no clear driver, outside of Wednesday’s bid in the 2- to 5-Year sector of the U.S. Tsy curve, apparent (there is the potential for profit taking and squeezing of some of the more recent shorts). YM +9.5 & XM +2.0.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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