Bond futures reaching session highs,...>

AUSSIE BONDS: Bond futures reaching session highs, as Tsys tick higher, although

contracts still short of the SYCOM highs.

- The 3-/10-Year cash yield differential continues to trade at ~59bp, while the

AU/U.S. 10-Year spread has moved back to ~-43.0bp as AU Bonds outperform on the

latest leg higher.

- Bills trade unchanged to a tick higher in the whites and reds.

- Decent enough sized issuance scheduled for next week with A$1.0bn of each of

the 3.25% April 21 2029 & 2.50% May 21 2030 bonds due.

- AU focus turns to the minutes from the RBA's most recent MonPol decision, due

Tuesday, although not much is exp. in the way of fresh information given that

the meeting included the quarterly SoMP. RBA Gov Lowe will also speak on

Tuesday.