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Aussie Bond Weakness Witnessed

BONDS

10-Year Aussie bonds smashed lower, dragging T-Notes with them, little recent headline flow available. Could represent some follow through pressure through XM's overnight (and recent) low in the wake of the stronger than expected local CapEx data, with the RBA's latest round of ACGB purchases/attempted enforcement of its 3-Year yield target doing little to deter the bears.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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