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Comments From Westpac's Evans Lends Support

AUSSIE BONDS

The space has drawn a modest bid from Westpac chief economist Bill Evans flagging the potential for the RBA to temporarily lift its bond purchases to A$6bn/week at its September meeting (and thus reverse its decision to taper to A$4bn/week), please see the earlier bullet for more details on Evans' comments. YM +5.0, XM +8.0. The 10- to 12-Year zone of the cash ACGB curve continues to outperform.

MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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