Aussie bonds opened SFE higher after...>

AUSSIE BONDS: Aussie bonds opened SFE higher after an ascent alongside US

Treasuries during SYCOM and they continued on an upward trend throughout SFE. US

Tsys ended the overnight session on weekly highs after comments from Trump

suggesting the U.S would take out N. Korean leadership were considered by N.

Korea as 'an act of war.' 

- Aussie bond futures are up currently up. The 10-Year up 3 ticks, the 3-Year up

2 ticks. Yields down across the curve, the 3-Year down 2.5bp and the 10-Year

down 3.4bp, earlier on in the session the yield curve saw some steeping with the

3 to 10-Year spread reaching 1.2bp.

- The Aus Consumer Confidence Index fell to 114.1 vs 114.8 on the week, the

RBA's Assistant Governor Bullock spoke 2215BST on a panel saying Aus households

have higher debts and low income growth adding high debt means sensitivity to

interest rate hikes and this would be put into consideration with monetary

policy. 

- The AOFM auctioned A150mln Index Linked Bonds with cover 3.34 vs prev 7.04, 15

successful bids all allocated fully at high yield of 1.0075%.