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Flattening Holds

AUSSIE BONDS

The space continues to tick along in a narrow range, with no reaction to the communique surrounding the phone call between the U.S. & Chinese Presidents, as no sign of fresh, meaningful rhetoric emerged. YM -0.5, XM +2.5.

  • Elsewhere, the space looked through comments made by Australian Treasury Secretary Kennedy (who also sits on the RBA board), as he noted that the country's economic recovery is probably "locked in" and the nation should shift to a "growth mindset."
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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