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Tight, RBA Matters Eyed

AUSSIE BONDS

The major futures contracts have held tight ranges since Monday's Sydney close, with YM and XM both little changed on the day at typing.

  • Bills -1 to +1 through the reds, with the strip twist flattening.
  • As mentioned earlier, today's local focus will fall on the minutes from the RBA's latest monetary policy decision. Participants will be on the lookout for any further guidance re: the form that further monetary easing measures may take, given the tweak to the guidance paragraph in September's statement and the recent AFR report that we highlighted earlier.
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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