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Further upticks in the space, with.....>

AUSSIE BONDS
AUSSIE BONDS: Further upticks in the space, with eyes fixed across the Tasman as
RBNZ Governor Orr's press conference continues. Orr notes that it is easily
within the realms of possibility that the RBNZ might have to adopt negative
rates, although he does highlight that today's move reduces the chances of such
an outcome.
- YM & XM lodge fresh highs, trade just shy of them at writing, last printing
+6.5 & +9.0 respectively, with the curve still flatter on the day, YM/XM last
33.5bp.
- Bills deal 5-7 ticks higher through the red at writing.
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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