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NY Fed Underlying Inflation Gauge

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Issuance Slowdown

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AUSSIE BONDS
AUSSIE BONDS: Bond futures have followed U.S. Tsys lower in the wake of the
latest FOMC meeting minutes, with AU paper outperforming Tsy equivalents on the
latest sell off (as has generally been the case in recent times), pushing the
AU/U.S. 10-Year yield spread to ~-48.0bp at writing
- The AU 3-/10-Year cash yield differential sits at ~67.0bp last.
- The Bill strip trades 1-2 ticks softer early on.
- Focus falls on the domestic labour market report due later today.
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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