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Aussie 10 year bond futures............>

AUSSIE BONDS
AUSSIE BONDS: Aussie 10 year bond futures recovered early losses to trade flat
on the day, edging back from best levels over the past hour after briefly
breaking above Friday's high. The Jan 3 spike highs remain in focus. The 10-year
cash yield trades below Friday's low at 2.064%.
- The shorter end of the curve is underperforming with 3 year future unable to
recover early losses alongside the 10 year. Prices failed to consolidate below
Thursday's low however.  The 3s-10s spread has dropped 4.8bps to bring the Jan
lows back into focus. 
- Australian econ releases this week include domestic home loans due Tuesday.
Elsewhere, RBA's Heath speaks on Wednesday, while RBA's Kent speaks on Friday.
Given the sharp move lower in rate expectations following last week's RBA
comments and SoMP, it would not be a surprise to see policymakers look to walk
back some of this dovishnes. 

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