Sideways trade in thin volumes for.....>

AUSSIE BONDS: Sideways trade in thin volumes for Aussie bonds after initial move

higher at the start of Asia-Pac trade. Japanese markets on holiday is keeping

trade subdued and news flow has been thin.

- 3-Year future last down 0.5 ticks at 97.89, 10-Year future last down 0.5 ticks

at 97.355. Yields marginally higher, 3-Year up 0.6bp, 10-Year up 0.3bp.

3/10-Year spread last at 55.8bp as the curve flattens slightly.

- ASX 200 is slightly higher, but has come off session highs which has helped

sustain the upward move in Aussie bonds. ASX 200 is still near the highest level

in 10 years tracking US stocks higher. Tech and Healthcare sectors continue to

perform well.