Aust bond futures prices lower

Australian bond futures prices are lower despite disappointing economic data out of the US.

Orders for US durable goods sagged in February, with new orders for long-lasting manufactured goods falling 1.4 per cent, the third decline in four months.

ANZ economists said the Australian bond market took its cue from the US.

“US Treasuries sold off despite the weaker-than-expected durable goods data,” they said.

At 0830 AEDT, the June 2015 10-year bond futures contract was trading at 97.650 (implying a yield of 2.350 per cent), down from 97.680 (2.320 per cent) on Wednesday.

The June 2015 three-year bond futures contract was at 98.280 (1.720 per cent), down from 98.300 (1.700 per cent).


Government bond and bank bill yields:

  • CGS 4.75 pct July 2017, 1.734% unchanged from Wednesday

  • CGS 2.75 pct April 2024, 2.264% unchanged

Sydney Futures Exchange prices:

  • June 2015 bill futures, 97.950 from 97.960

  • September 2015 bill futures, 98.050 from 98.070

(*Closes taken at 1630 AEDT previous local session)

Source: IRESS


You may also like...

Rules of Discussion on Aust bond futures prices lower

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.
Loading comments …