Bond futures have registered fresh.....>

AUSSIE BONDS: Bond futures have registered fresh session highs on the back of a

soft Westpac consumer confidence print (likely attributable, at least in part,

to a reaction to the latest GDP print), after tracking Tsys higher during SYCOM

trade, as Brexit optimism proved misplaced & U.S. CPI disappointed.

- RBA Deputy Gov. Debelle spoke late yesterday, focusing on the economic impact

of climate change.

- YM last +6.5, with XM +7.0. Cash 10-Year yields now trade comfortably below

2.00%.

- YM/XM trades at 41.75, with the cash equivalent at 43.1bp.

- Bills trade 1-6 ticks higher through the reds. RBA repo ops saw A$320mn of

15-day operations dealt at an average of 1.769%, while A$1.522bn worth of 29-day

ops were dealt at an average of 2.046%.

- Focus today will likely fall on roll activity.