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Westpac RBA Call Weighs

AUSSIE BONDS

Continued pressure felt in futures in the wake of the RBA call change from Westpac chief economist Bill Evans, with YM -3.0 and XM -4.0. EFPs are a touch wider on the day, but sit off their recent peaks. 3s represent the weak point of the cash curve, cheapening by ~5.0bp on the day thus far.

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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