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AOFM & Retail Sales Eyed

AUSSIE BONDS

The curve runs steeper in early Sydney trade, in sympathy with the moves seen in the U.S. Tsy space since Sydney settlement. YM unchanged, XM -4.5, with the latter hovering just above its overnight lows.

  • Cash ACGBs have bear steepened, with swaps narrowing from 5 Years out.
  • Friday brings A$700mn worth of ACGB supply, the AOFM's weekly issuance slate and local flash retail sales data.
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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