Australian bond future prices were steady amid slow trading, with little to influence the market's direction.
At 1630 AEST on Wednesday, the September 10-year bond futures contract was trading at 97.105 (implying a yield of 2.895 per cent), the same as Tuesday.
The September three-year bond futures contract was at 97.690 (2.310 per cent), just down from 97.700 (2.300 per cent) previously.
UBS interest rate strategist Matthew Johnson said there had been little to influence the bond market on Wednesday.
"We opened around this level, and I guess we traded a bit softer throughout the day," he said.
"I'm looking around for a catalyst - we had a bond tender that weighed on the market a touch, and stocks have been a bit better in Asia."
Domestic data, including housing finance numbers and a private survey of consumer sentiment, had little effect on the market, Mr Johnson said.
"We've just had listless, sideways trading today," he said.
"Stocks have been up a bit, US Treasury yields were up a bit in the Asian trading session and we've followed that pattern."