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The space tracked Tsys higher on.......>

AUSSIE BONDS
AUSSIE BONDS: The space tracked Tsys higher on SYCOM, with curve flattening
apparent. 10-Year cash yields have printed a fresh record low this morning, with
YM/XM at 45.0 ticks and the cash equivalent at 42.5bp.
- Bills sit 1-3 ticks higher through the reds.
- The space shrugged off the latest round of CBA PMIs, as it usually does.
- Global themes will likely dominate the space for the reminder of the week,
with participants eying details on the new ACGB June 2031 line in tomorrow's
weekly AOFM issuance announcement.
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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