Aust bonds recover to end marginally softer on the =2 sydney

00-00-0000
Aust bonds recover to end marginally softer on the =2 sydney

After a selloff in the US Treasuries, which reacted to a welter of corporate supplyand stronger equities, the local bonds followed suit.

This morning price were up to nine points off yesterday's levels but by the end ofthe day the market had recovered its equilibrium.

Data from Australian Bureau of Statistics today, while it showed a better rebound inemployment than expected, did not provide real fodder for any bears in the market.

A 51,400 increase in part-time work fuelled a small jobs rise in December after threemonths of falling employment but the unemployment rate stayed …