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AUSSIE BONDS: Little to pen for the space in early SFE trade after the whippy
overnight action that was driven by the latest ECB MonPol decision.
- Z9 contracts now lead in volume & OI, with YM -2.5 and XM -0.50 at writing,
that leaves YM/XM at 29.25, based on the Z9 contracts, while the cash equivalent
deals at 25.2bp.
- Bills sit unchanged to 2 ticks lower through the reds.
- The AOFM's weekly issuance schedule provides the only real point of local
interest today, with offshore matters and broader risk sentiment set to