Bond futures ticked lower as we........>

AUSSIE BONDS: Bond futures ticked lower as we moved towards the SFE close, with

YM closing 3.5 ticks lower & XM 5.0 ticks worse off. This came after the space

largely tracked U.S. Tsy moves during the SYCOM session. There was no reaction

to the 5bp cut in the rate applied to the PBoC's 14-Day reverse repo ops in

China (which was the first such cut in nearly 4 years).

- Worth recapping comments from RBA's Harper, made in an interview with the WSJ,

released Tuesday. Harper noted that "rushing to cut interest rates further in

Australia could have risked overstimulating the economy," and also pointed to

greater clarity re: Brexit & the cooling of Sino-U.S. trade tensions, which

could result in a quick and radical shift in the outlook.

- Elsewhere, local skilled vacancy data revealed an 11th consecutive M/M drop

ahead of tomorrow's labour market report.

- Bills finished 1-4 ticks lower through the reds.