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Questions Over IRU0 Volume

AUSSIE BONDS

IRU0 volume running over x2 vs. any other contract on the strip through the reds. Some tying it to a story from yesterday, which saw RBA watcher David Bassanese point to an outside chance of a 15bp cut at today's RBA decision. Bassanese now sees a move as "increasingly likely by November."

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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