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Aussie Bonds continue to hover above...>

AUSSIE BONDS
AUSSIE BONDS: Aussie Bonds continue to hover above the early session lows, after
the space came under some pressure playing catch up to Friday's move lower in
U.S. Tsys, and ahead of 30-Year ACGB supply, with a 6.0K seller in 3-Year
futures dictating early price action.
- The auction's bid to cover ratio held up fairly well, given the increasing
size vs. the most recent tender of the line, although the tail widened a touch.
The tender had no effect on broader Bond futures.
- Bills continue to trade lower, last unchanged to 4 ticks worse off.
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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