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Aussie bonds have weakened in line.....>

AUSSIE BONDS
AUSSIE BONDS: Aussie bonds have weakened in line with the trends seen in the US
space but weakness has been less pronounced. 
- The 10-year future currently trading at 97.16 and the benchmark yield at
2.823. 
- The 3-10 curve has steepened slightly on the day, currently at 63b.0bps, while
the US/AU 10-year spread widening to 19.4bps.
- The release of the RBA's May monpol minutes was in line with expectations and
had little impact on the yield curve.
- Yields are likely to take their cues from activity in the US and Europe over
the coming sessions although tomorrow`s wage data and Thursday`s employment
report will be a key focus. 

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