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Twist steepening evident since.........>

AUSSIE BONDS
AUSSIE BONDS: Twist steepening evident since settlement, YM +0.5 and XM -1.5,
with the latter a little off its SYCOM low after the pullback in equities
observed as we moved towards the closing bell on Wall St.
- Bills unchanged to 1 tick lower through the reds.
- Immediate focus is on ACGB '30 supply and Q1 completed construction work data,
although broader focus is already zeroing in on the large month-end extensions
apparent in the space.
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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