NFP came in slight lower than expected on Friday night at +152k vs +172k expected. However, yields were not really moved while the market was more focused at the 2nd Presidential Debate this morning; during which both candidates were exchangi

Good Evening,
Today’s trade recap by our trading desk:-
·         NFP came in slight lower than expected on Friday night at +152k vs +172k expected. However, yields were not really moved while the market was more focused at the 2nd Presidential Debate this morning; during which both candidates were exchanging fire at each other. With a few major markets on bank holiday today (US, Japan, Canada, Hong Kong), the market was largely unmoved in a very quiet day. Trades were lackluster as yields were mostly unchanged also.
Malaysia Government Bonds Benchmark Issues MGS Closing Level (%) Change (bp) Volume (RM m) 3-yr 2.880 0.0 10 5-yr 3.275 -0.5 40 7-yr 3.450 -1.0 30 10-yr 3.580 -1.5 110 15-yr 3.985 +0.5 20 20-yr 4.160 0.0 1 30-yr 4.490 0.0 0 Source: BondStream, AmBank	Interest Rate Swap Closing Rates IRS Closing Yield (%) Change (bp) 1-yr 3.340 -0.5 3-yr 3.375 -0.5 5-yr 3.510 -1.0 7-yr 3.675 +0.5 10-yr 3.900 +0.0 Source: Bloomberg, AmBank
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