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A Contained Friday In Sydney

AUSSIE BONDS

The Aussie bond space held onto its overnight flattening impetus, with XM consolidating shy of its SYCOM highs during a limited Sydney session. YM unchanged, XM +2.0.

  • Next week's AOFM issuance schedule is light by recent standards, while news flow saw Australian PM Morrison point to a push towards an economic re-opening come December.
  • Local retail sales data was virtually in line with expectations.
  • Bills -1 to +1 through the reds.
  • ANZ job ads and AIG PSI data are due Monday, along with A$2.0bn worth of ACGB 2.75% 21 November 2029 supply.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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