The Australian bond market is slightly weaker after local bond futures ceased trading at midnight because of a public holiday in the US.
At 0830 AEDT on Tuesday, the March 10-year bond futures contract was trading at 96.465 (implying a yield of 3.535 per cent), level with where it ended the local session on Monday.
The March three-year bond futures contract was at 97.090 (2.910 per cent), down from 97.100 (2.900 per cent).
"The overnight session saw only thin trade with US markets closed for the President's Day public holiday," St George chief economist Hans Kunnen said.
"Bond markets were little changed."
Mr Kunnen said Australian and German bonds weakened slightly early in the overnight session after comments from the German central bank helped European shares rise.
"The Bundesbank said that it expected economic growth to pick up during 2013," Mr Kunnen said.
The key focus for markets on Tuesday will be the release of the minutes of the Reserve Bank of Australia's (RBA) February 5 board meeting.
The central bank kept the cash rate at three per cent in February after cutting it by a quarter of a percentage point at its previous meeting in December.