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Aussie bonds went into the close.......>

AUSSIE BONDS
AUSSIE BONDS: Aussie bonds went into the close broadly unchanged, futures
dipping from gains seen at the start of SFE trade in thin volumes, 3-Year future
has seen 73k contracts trade heading into the close gainst average volumes
around 200k.
- The curve steepened slightly as the long end sold off alongside JGB's in the
wake of the BoJ decision to cut long end purchases. The short end and belly are
seeing a soft bid still as stocks in the region decline again, supported by RBA
policy divergence with other central banks.
- 3-/10-Year spread last bid at 58.1bp, 3-/30-Year spread last 1.1bp wider.
- Some decent flows in Aussie interbank bills, upside seen in whites and reds.

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