Daily outlook for AU rates

Westpac Research notes:

AU swap yields 1 day: Yields have remained 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%.