UST Curve Keeps Flattening Bias as Two-Year Retains Bearishness

RHB FIC DAILY SNAPSHOT
5/22/2017 8:18
			1-Day	3-Mth	6-Mth
	19-May-17	18-May-17	Chg (%)	Avg	Avg
Commodities
Brent Crude Jul 17	53.61	52.51	2.09	53.49	53.34
Brent Crude Aug 17	53.76	52.67	2.07	53.81	53.85
Brent Crude Sep 17	53.90	52.82	2.04	54.06	54.26
WTI Crude Oil	50.33	49.35	1.99	51.35	52.54
CPO Future Jul 17	2,759	2,747	0.44	2,806	2,950
CPO Future Aug 17	2,635	2,626	0.34	2,728	2,896
CPO Future Sep 17	2,556	2,563	-0.27	2,669	2,848
GOLD spot US$/Oz	1,256	1,247	0.70	1,246	1,216
DJ-UBS Metals Subindex	112.0	109.8	1.93	115.0	113.8
DJ-UBS Agriculture Subindex	51.88	51.13	1.48	53.76	54.61
Forex
USD/MYR	4.322	4.328	-0.15	4.421	4.428
GBP/USD	1.304	1.294	0.76	1.252	1.248
EUR/USD	1.121	1.110	0.93	1.070	1.066
USD/JPY	111.3	111.5	-0.21	112.0	113.0
AUD/USD	0.746	0.742	0.54	0.759	0.751
USD/SGD	1.386	1.393	-0.48	1.405	1.416
USD/HKD	7.783	7.782	0.02	7.769	7.763
USD/KRW	1,127	1,125	0.21	1,136	1,157
USD/CNY	6.885	6.889	-0.06	6.888	6.893
USD/THB	34.33	34.52	-0.55	34.74	35.15
USD/IDR	13,325	13,356	-0.23	13,327	13,356
USD/PHP	49.81	49.85	-0.09	50.06	49.86
USD/INR	64.64	64.85	-0.32	65.55	66.80
Equity Indices
FBM KLCI	1,768.3	1,767.2	0.06	1,733.3	1,690.6
DJIA	20,804.8	20,663.0	0.69	20,734.2	20,158.3
S&P 500	2,381.7	2,365.7	0.68	2,361.4	2,301.8
NASDAQ	6,083.7	6,055.1	0.47	5,883.7	5,667.0
			1-Day	3-Mth	6-Mth
Government Bonds	19-May-17	18-May-17	Chg (bps)	Avg	Avg
MGS 3/19 (3y)	3.29	3.33	-4.10	3.38	3.45
MGS 03/22 (5y)	3.55	3.56	-1.50	3.78	3.78
MGS 09/24 (7y)	3.80	3.81	-0.80	3.98	3.98
MGS 11/27 (10y)	3.86	3.88	-1.70	3.87	3.87
MGS 04/33 (15y)	4.35	4.36	-0.90	4.49	4.62
MGS 03/46 (30y)	4.76	4.76	0.00	4.78	4.78
UST 2YR	1.27	1.27	0.21	1.25	1.20
UST 5YR	1.78	1.77	0.81	1.91	1.89
UST 10YR	2.23	2.23	0.52	2.39	2.40
UST30YR	2.90	2.90	-0.39	3.01	3.02
UK 2YR	0.12	0.11	0.80	0.10	0.12
UK 10YR	1.09	1.06	3.50	1.15	1.27
GE 2YR	-0.68	-0.70	1.80	-0.79	-0.76
GE 10YR	0.37	0.34	2.50	0.32	0.32
JGB 2YR	-0.16	-0.15	-0.40	-0.23	-0.21
JGB 10YR	0.04	0.05	-0.70	0.06	0.05
AU 2YR	1.61	1.63	-1.60	1.76	1.78
AU 10YR	2.48	2.50	-2.50	2.70	2.72
SGS 2YR	1.21	1.18	3.30	1.24	1.22
SGS 10YR	2.10	2.06	4.95	2.24	2.30
HK 2YR	0.67	0.63	3.30	0.97	0.97
HK 10YR	1.39	1.36	3.30	1.77	1.70
SK 2YR	1.57	1.57	-0.20	1.60	1.62
SK 10YR	2.23	2.25	-1.30	2.19	2.15
CH 10YR	3.63	3.61	2.20	3.38	3.25
TH 2YR	1.49	1.49	0.10	1.52	1.54
TH 10YR	2.70	2.67	2.70	2.70	2.68
ID 2YR	6.67	6.69	-1.40	6.81	7.05
ID 10YR	7.05	7.08	-2.60	7.27	7.54
PH 2YR	3.00	3.00	0.00	3.12	3.14
PH 10YR	4.64	4.64	-0.60	4.53	4.51
IN 2YR	6.69	6.69	-0.50	6.67	6.46
IN 10YR	6.71	6.68	3.30	6.85	6.63
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