Outright Bond futures last trade.......>

AUSSIE BONDS: Outright Bond futures last trade around session highs as worries

surrounding Syria have put a base on fixed income for now after yesterday's risk

on flows.

- 3-Year bond futures last trade at 97.820 (unch) while 10-Year Bond futures

last trade at 97.310 (+2.5 ticks).

- The domestic 3-/10-Year yield differential trades at 52.3bp (-2.4bp), with The

AU/US 10-Year yield spread last trading at -11.6bp (-1.2bp).

- The auction of a 10-Year basket bond was well absorbed by the market, as the

supply produced solid enough results.

- 3-Month BBSW fixed 0.5bp higher today, although the uptick in bonds has led to

Bills moving away from session lows. IRM8 is a tick lower, with the remainder of

the white and red contracts unchanged to a tick higher.