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Aussie bond futures also operated in...>

AUSSIE BONDS
AUSSIE BONDS: Aussie bond futures also operated in a tight range in Sydney
trade, with RBA Governor Lowe's slightly less downbeat economic assessment
(although still grim) and notable markdown in FY20/21 CapEx estimates doing
little for price action.
- YM -0.5, XM unch.
- Bills 1 tick lower through the reds, with the overnight cash rate fixing
unchanged and RBA surplus ES balances back below A$50bn, just.
- Friday will see focus fall on the AOFM weekly issuance schedule and ACGB '25
supply, as well as local private sector credit 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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