Aussie bond futures largely tracked....>

AUSSIE BONDS: Aussie bond futures largely tracked the gyrations seen in U.S.

Tsys during SYCOM hours, with YM & XM last trading 1.5 & 1.0 tick above their

respective settlement levels, with a focus on cautious comments from Fed hawk

George, ECB's Draghi tipping his hat to risks re: the Eurozone, although he

stated that the single-currency zone is not heading for a recession and the

meaningful Brexit vote.

- YM/XM trades at 51.00, with the cash 3-/10-Year yield differential last

48.1bp.

- The latest Westpac consumer confidence print resulted in the survey moving

into pessimistic territory i.e. sub-100, for the first time since November 2017.

- Bills trade 1 tick higher to 1 tick lower across the whites and reds.

- Funding focus remain in vogue, with today's RBA reverse repo ops as follows:

15-Day A$1.47bn dealt at 2.066%, 82-Day A$1.38bn dealt at 2.078% (the latter

covers quarter end turn).