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Quiet With Tokyo Off For Holidays, RBA Decision Eyed

BOND SUMMARY

Little to write home on early Asia-Pac trade, as a market holiday in Japan and limited news flow resulted in a slow start to the session. T-Notes trade -0-00+ at 138-09, holding a tight, 0-02 range, while cash Tsys are closed. Eurodollars last seen unch. to +0.5 tick through the reds. The U.S. election draws attention today, with particular focus on the battleground states.

  • Australian YM trades +0.5, with XM last seen +2.0. Cash ACGB curve has bull flattened somewhat, with yields last sitting 0.5-2.9bp lower. Bills are running unch. through the reds. All eyes are on today's monetary policy decision from the RBA.

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