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

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

space followed Tsys higher on SYCOM, but have subsequently eased from best

levels, alongside Tsys. YM & XM trade 6.5 and 11.0 ticks higher on the day

respectively. YM/XM spread experiencing technical issues, set to re-open for

SYCOM trade. The cash 3-/10-Year yield differential trades at 44.3bp.

- Bills trading 1 tick lower to 6 ticks higher through the whites and reds at

writing, flatter on the day, but back from early highs.

- 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 for the remainder of the week, with

the AU docket picking up again next week.