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Some pressure creeps into the space....>

AUSSIE BONDS
AUSSIE BONDS: Some pressure creeps into the space on the back of Trump delaying
the next outlined round of tariffs to be imposed on Chinese goods by 2 weeks.
Space had been edging higher prior to Trump's tweets with roll activity picking
up.
- YM last -2.0 with XM -0.75, leaving YM/XM at 25.75 and the cash equivalent at
24.7bp, marginally flatter vs. settlement.
- Bills are 1-2 ticks lower through the reds, excluding IRU9.
- Consumer inflation expectations headline the local docket today.
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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