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The space continues to meander along...>

AUSSIE BONDS
AUSSIE BONDS: The space continues to meander along in a tight range. YM trades
1.5 ticks lower on the day, with XM -1.0. YM/XM last 51.0, with the cash
3-/10-Year yield differential at 48.3bp.
- Bills trade unchanged to 2 ticks lower across the whites and reds, on fairly
limited volume.
- Little in the way of domestic events due today, with the broader risk backdrop
set to drive price action. Focus falls on NZ CPI from across the Tasman, due
tomorrow, ahead of AU labour market data due Friday.
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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