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A bleak Oct jobs report out of.........>

AUSSIE BONDS
AUSSIE BONDS: A bleak Oct jobs report out of Australia has put a bid into the
local FI space. The unemployment rate ticked higher as employment and
participation unexpectedly shrunk. This was accompanied by firmer
underemployment & underutilisation, as well as negative revisions to the prior
employment readings.
- YM trades +7.0 ticks, XM +7.5. Cash yields have broadly trimmed losses, but
still sit slightly lower across the curve. Bills last seen 3-8 ticks better off
through the reds.

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