Comments from RBA board member.........>

AUSSIE BONDS: Comments from RBA board member Harper, who reiterated that he

believes the next move in the cash rate will be up, pointing to a strong budget

and labour market, have allowed the space to move back from its NAB business

survey inspired highs. Harper's comments may disappoint those who were looking

for a dovish tilt at the RBA's first MonPol decision of 2019, due next week. AU

CPI, due tomorrow, provides the immediate domestic risk event for the space.

- YM last trades 1.5 ticks lower on the day, with XM down 2.5 ticks. YM/XM at

52.5 last, with the cash 3-/10-Year yield differential at 51.3bp. AU/U.S.

10-Year yield spread last at -50.6bp.

- Bills trading unchanged to 1 tick lower on the day through the reds, with some

IB flow noted since the article hit.