Bond futures trade continue to trade...>

AUSSIE BONDS: Bond futures trade continue to trade just back from session highs

as we head into the close, after they followed Tsys higher earlier in the

session, although contracts fell short of the SYCOM highs on the move.

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

AU/U.S. 10-Year yield spread has moved back to ~-43.5bp as AU Bonds outperform

Tsys.

- Bills trade a tick lower to 2 ticks higher in the whites and reds.

- Decent enough sized AOFM 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.