Summary: Business conditions deteriorate slightly in March; business pessimism eases slightly, confidence index still below average; continues the trend of above-average activity indicators alongside below-average confidence; ACGB yields move lower; rate-cut expectations firm; tentative signs supply, demand coming into balance; capacity utilisation rate declines, still at elevated level. NAB’s business survey indicated Australian business conditions were robust in the first half of 2018, with a cyclical-peak reached in April of...