April 19, 2022 22:34 GMT
The bear flattening impulse in the U.S. Tsy space spilled into Aussie bond futures in post-settlement dealing, leaving YM -6.0 & XM -4.5 in early Sydney trade, a touch above their respective overnight lows.
- In terms of the domestic docket, the latest weekly ANZ-Roy Morgan consumer confidence reading and Westpac leading index print will cross on Wednesday.
- One other matter to be aware of in coming sessions will be the potential re-deployment of ACGB coupons, with ~A$4.9bn of ACGB coupons being paid yesterday. Elsewhere, the maturity of A$7.0bn of the 22 April ’22 note may impact the shorter end of the curve intraday in the coming sessions.