Bond futures followed T-Notes back.....>

AUSSIE BONDS: Bond futures followed T-Notes back from session lows, before they

stuck to a tight range in the second half of the session, and last operate just

off session highs, as U.S. equity index futures trade back from best levels,

with little in the way of headline catalysts apparent during Asia-Pacific trade.

Most of the focus has fallen on Friday's headline flow and the market gyrations

that followed. YM/XM last trades at 50.00, with the cash 3-/10-Year yield

differential last at 47.5bp.

- Looking at the Bill strip, the whites and reds trade unch. to 4 ticks lower.

- RBA 32-day reverse repo ops saw $1.43bn worth of 32-Day ops dealt at 1.997%.

- On the corporate issuance front, guidance for CBA's new 5-Yea A$ MTN came in

at 113bp area over SQASW/3MBBSW, while ADB has launched an inaugural A$ Green

Jan 2024 Kangaroo bond.

- The domestic docket picks back up this week with AU trade balance and retail

sales headlining, although global developments are set to have more of an impact

on the space.