Australian government bonds remained in tight trading range, after domestic markets opened following a long weakened and investors will now focus on the country’s employment report for the month of May, scheduled to be released on June 14 by 01:30GMT.
The yield on Australia’s benchmark 10-year Note, which moves inversely to its price, rose 1/2 basis point to 2.80 percent, the yield on the long-term 30-year Note fell 1-1/2 basis points to 3.30 percent and the yield on short-term 2-year hovered around 2.07 percent by 03:15 GMT.
The United States Treasury yields rose during the overnight session, trading in a tight range, as traders looked past two batches of Treasury auctions to the upcoming Federal Reserve meeting, where a rate hike is expected.
President Donald Trump is due to meet on Tuesday with North Korean leader Kim Jong Un in Singapore to discuss future relations and denuclearization. While no major concrete results are expected to come out of this initial meeting, investors hope the meeting will reinforce relations between the isolated state of North Korea and the West.
Lastly, the U.S. central bank is expected to announce a quarter-point increase in interest rates as it seeks to normalize monetary policy with the economy showing signs of health, CNBC reported.
Meanwhile, the S&P/ASX 200 index traded 0.21 percent lower at 6,068.50 by 03:20 GMT, while at 03:00GMT, the FxWirePro's Hourly AUD Strength Index remained neutral at 67.54 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty
South Korea Warns Weak Won Could Push Inflation Higher in 2025
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 



