Aussie bond futures are a touch........>

AUSSIE BONDS: Aussie bond futures are a touch lower on the day, steepening

slightly, reversing the overnight flattening, but holding well within the recent

range after the recent pullback from steeps. YM -1.0, XM -2.0.

- Little in the way of notable news for the space, outside of next week's AOFM

supply, with 2 auctions in the 8-12 Year zone of the curve, and one round of '24

supply slated. On the semi side, we saw WATC mandate for a new '31 line.

- PM Morrison pointed to Australia standing its ground in the current trade

dispute with China, but offered little else of real note.

- The overnight cash rate softened by 1bp, into 0.13% after steadying at 0.14%

in recent days. Bills sit 1-2 ticks lower through the reds.

- A$1.0bn worth of ACGB 2028 supply headlines on Monday, with the release of the

RBA's latest meeting minutes on Tuesday providing the first real point of note

on the slate next week.