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YM & XM have moved back into the.......>

AUSSIE BONDS
AUSSIE BONDS: YM & XM have moved back into the middle of their respective SFE
ranges after the leg lower around the positive Chinese cash equity open, both
contracts last trade 4.0 ticks lower on the day. YM/XM last 52.00, while the
cash 3-/10-Year yield differential trades at 49.3bp. The AU/U.S. 10-Year yield
spread trades at -43.2bp.
- Bill strip trades steeper, with most of the contracts hovering just above
lows, 1-6 ticks lower across the whites and reds. Decent enough activity noted
in the IB space after yesterday's large buyer of IBG9 at 98.515, with 98.510
trading today.
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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