Daily Outlook for Au Rates

Westpac Research notes:AU swap yields 1 day: Yields should stay heavy in the ongoing wake of the dismal CAPEX data, though the busy data calendar this week should be mixed rather than dramatically negative. AU swap yields 1-3 month: Yields are starting to reverse lower with the continuation of the US’s economic data disappointments. The 2yr could dip back into the 2.00%-2.10% range, while the 10yr could slip to 3.00%. 

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