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The space operates just shy of the.....>

AUSSIE BONDS
AUSSIE BONDS: The space operates just shy of the Italy inspired highs, with US
T-Notes also off of best levels.
- Today's focus is on the broader risk sentiment as opposed to the domestic
environment.
- 3-Year Bond futures last trade at 97.895 (+4.5 ticks), while 10-Year Bond
futures trade at 97.385 (+7.5 ticks). The domestic 3-/10-Year yield differential
trades some 3.1bp tighter at 53.2bp, while the AU/US 10-Year spread trades 2.4bp
tighter at -17.8bp.
- The front end of the Bill strip is softer with IRM8 & IRU8 4 ticks lower on
the day. The remainder of the white & red contracts trade 2 ticks lower to 4
ticks higher. The Bill space had an active start to the SFE session, however
activity has cooled in the last hour or so.
- Domestic focus remains on tomorrow's Capex data.
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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