Reuters reporting comments from the AOFM 30 May
– counting on sustained demand for a new 30-year AUD benchmark bond next year or year after
– a very small illiquid 50-year maturity wouldn’t add noticeably to extending portfolio duration
AUDUSD 0.7423 tightly bound after failing into 0.7450 but finding demand/support below 0.7420. More bids into 0.7400.