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AUSSIE BONDS: Little to report in terms of specific matters for the AU Bond
space. YM last +1.5 tick, with XM +3.0 ticks. YM/XM trades at 42.0 ticks, with
the cash equivalent at 36.9bp.
- Bills trade unch. to +1 tick thru the reds.
- Space easily digested the pricing of the latest 10-Year re-opening from NSW
- Latest I/L auction from the AOFM had little impact on the broader space, while
broader risk-off flows and a heavy session for Chinese equities leant support.
- RBA's Bullock set to speak later in the day, but the speech's focus will be on