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Futures having a look below key........>

AUSSIE BONDS
AUSSIE BONDS: Futures having a look below key area's of recent support, with YM
-1.5 and XM -5.0, with the curve running steeper in lieu of the broader risk
dynamics observed Wednesday (albeit with contracts a little off their SYCOM
lows).
- Worth flagging that both the implied yield of XM and outright 10-Year ACGB
yields are having a look through 1.00%, several strategists have highlighted
this as a level that would not break in recent weeks.
- Bills sit 1-2 ticks lower through the reds.
- Monthly trade & retail sales data headline Thurs, AOFM Note supply also due.
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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