Bond futures spiked higher during......>

AUSSIE BONDS: Bond futures spiked higher during the FX flash crash, after the

space followed Tsys higher on SYCOM. YM & XM sit well shy of best levels but

still trade 9.5 and 14.0 ticks higher on the day respectively. YM/XM 5.00

flatter at 47.00, while the cash 3-/10-Year yield differential trades at 43.5bp.

- Bills trading 1-10 ticks higher through the whites and reds at writing,

flatter on the day.

- In terms of today-s RBA reverse repo ops, A$330mn worth of 19-Day ops were

dealt at 1.958%, A$85mn worth of 42-Day ops were dealt at 1.980%, A$2.98bn worth

of 63-Day ops were dealt at 2.012%, as year-end turn backs out further.

- Broader risk theme to dominate the space today.