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Light twist flattening of the curve....>

AUSSIE BONDS
AUSSIE BONDS: Light twist flattening of the curve apparent vs. settlement
levels, perhaps with some focus on month-end extension flows, which could
provide some light support as the Australian financial year comes to an end.
- YM -0.5, XM +1.5, even after the U.S. Tsy curve twist steepened in U.S. hours.
- Bills -1 to +1 through the reds.
- Focus moves to an address from RBA Deputy Governor Debelle titled "The Reserve
Bank's policy actions and balance sheet," with the weekly ABS labour market data
and Chinese official PMIs also set to provide some interest today.
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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