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The space is operating just off of.....>

AUSSIE BONDS
AUSSIE BONDS: The space is operating just off of session highs, with little in
terms of fresh catalysts to trade off of. 3-Year bond futures last trade at
97.890 (unch) while 10-Year futures last trade at 97.300 (+2.5 ticks). The
domestic 3-/10-Year yield differential last sits around 1.3bp tighter at 66.1bp,
while the AU/US 10-Year yield differential is off of session wides, but is still
-3.8bp wider at 13.9bp.
- The RBA's steady hand is keeping a lid on rate expectations in Australia, with
little sign of the potential for any change in tone from the central bank in the
immediate future.
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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