Aussie bond futures flattened in.......>

AUSSIE BONDS: Aussie bond futures flattened in early Sydney trade, with the long

end initially supported by the broader risk-off theme and record demand for the

new ACGB Dec '30 syndication, although XM faded from best levels as we moved

through the day, potentially as perceived outright positions in the new ACGB

(which saw a record A$19.0bn printed after the orderbook topped A$50.0bn) were

hedged via futures into pricing/general weight of supply was seen. U.S. T-Notes

also edged away from best levels.

- Also worth flagging that the RBA decided to refrain from bond purchases today

(a third straight round of such an occurrence), although purchases today would

likely have focused on semis if the RBA had chosen to partake.

- YM -0.5, XM +1.0 at typing.

- Bills unchanged to -1 through the reds.

- Labour market data, note supply and deeper investor details of the

aforementioned ACGB syndication will be eyed on Thursday.