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A Tight Start

AUSSIE BONDS

The downtick in U.S. Tsy futures is allowing Aussie bonds to tick away from late overnight session levels, after what proved to be a limited end to the month of April. YM unch. XM -1.0.

  • On the semi front, recent headlines have noted that SAFA is considering tapping its 2.75% May '30 select line bond.
  • In terms of this week's domestic docket, focus will fall on the RBA decision (Tuesday) and release of the SoMP (Friday), which will be supplemented by an address from RBA Deputy Governor Debelle (Thursday) covering the topic of "Monetary Policy during Covid."
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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