Australian bonds start the week firmer Australian bond futures prices are higher as traders move out of their riskier investments ahead a busy week of central bank announcements and speeches. UBS interest rate strategist Matthew Johnson said the Australian bond futures and US Treasuries rallied on Friday. "There's no catalyst for the move at the moment," he said. I think people are clearing up a bit of risk ahead of what's going to be a pretty intense week. On Tuesday, Reserve Bank of Australia governor Glenn Stevens will give a speech in Sydney. Mr Johnson said the market will look for any signs the RBA will cut the cash rate next week or hold off on another reduction until later in the year. Early on Thursday morning, Australian time, the US Federal Reserve finishes up its two-day policy meeting, where the winding down of its bond-buying program designed to stimulate the economy will be on the agenda. The European Central Bank and the Bank of England have their monthly meetings on Thursday night. At 0830 AEST on Monday, the September 10-year bond futures contract was trading at 96.250 (implying a yield of 3.750 per cent), up from 96.210 (3.790 per cent) on Friday. The September three-year bond futures contract was at 97.310 (2.690 per cent), up from 97.290 (2.710 per cent).