Aussie bond futures trade at/near......>

AUSSIE BONDS: Aussie bond futures trade at/near session highs as we approach the

close of the SFE session after drawing support from a Globe & Mail report that

suggested that the U.S. is set to proceed in seeking the extradition of the

Huawei CFO from Canada.

- The space continues to operate in a relatively tight range, after meandering

along for most of the session. YM trades unch. on the day, with XM +0.5. YM/XM

last 51.0, with the cash 3-/10 Year yield differential at 48.6bp.

- Bills trade unch. to 1 tick lower across the whites and reds, on fairly

limited volume, with focus on funding matters. RBA repo ops saw $600mn worth of

13-day ops conducted at 2.072%, with A$2.197bn worth of 86-day ops conducted at

2.109%, easing back from the 2.113% that yesterday's 29-Day ops were dealt at.

- Also worth highlighting some A$ denominated issuance matters from earlier.

Northern Territory launched a new April 2027 bond while KfW launched a tap of

its 2024 Kangaroo line.

- Focus Wednesday falls on any spill over in the wake of the NZ CPI release from

across the Tasman, ahead of AU labour market data due Thursday.