Australian Dollar (AUD)

AUD Swaps: Swaps well offered; 10y EFP at new high

AUD swaps have been well offered with 3y down by more than 10bps. EFPs are wider and 10-year EFP hits its new high.

AUD Swaps: Curve trades with box at top of range

There has been trade in AUD curve spreads and the 3s/10s box is holding at the top of its long term range. RMBS issuance is expected to slow.