Upbeat capex data weigh on bond prices Australian bond futures prices are mixed following upbeat figures showing a pickup in business investment outside of the mining sector. New business spending on capital goods such as buildings and equipment rose 0.2 per cent in the September quarter, official figures show, beating economists' expectations of a 1.9 per cent fall. UBS interest rate strategist Andrew Lilley said the upbeat figures weighed on futures prices. "It's a sign that we are starting to see this handover from mining to non-mining," Mr Lilley said. People are a little more confident that Australia can slowly roll up the hill and get out of this difficult macroeconomic environment it's finding itself in. At 1630 AEDT on Thursday, the December 2014 10-year bond futures contract was trading at 96.870 (implying a yield of 3.130 per cent), up from 96.850 (3.150 per cent) on Wednesday. The December 2014 three-year bond futures contract was unchanged at 97.550 (2.450 per cent).