AUSSIE BONDS: Futures Higher As Oil Continues To Fall, 3yr Still Sub 20-day EMA
Aussie bond futures are biased higher in the first part of Wednesday trade, up 3bps for the benchmarks. YM (3yr future) was last 95.02, while XM (10yr) was last 94.71. The early bias in US Tsy futures is firmer, TYZ6 up +03+ to 106-03+, as WTI tracks softer from the open amid Hormuz/returning Saudi supply hopes. US Tsy