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AUSSIE BONDS: Dynamics in U.S. Tsys encouraged curve flattening on SYCOM, with
that theme holding in early Sydney hours, even with XM off best Levels. YM +0.5,
XM +3.5 as a result.
- Sino-Aussie tensions garner broader attention, although continue to have
little, if any, impact on the space.
- Bills sit unchanged to -1 through the reds.
- A$2.0bn worth of ACGB 5.50% 21 April 2023 supply headlines locally today,
along with the AOFM's weekly issuance schedule.