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Aussie bond futures are down at........>

AUSSIE BONDS
AUSSIE BONDS: Aussie bond futures are down at daily lows as the reversal from
yesterday's peak gains momentum. 10-year yields are up 3.7bps at 2.378% as the
selloff in stocks fails to ignite a safe haven bid and breakevens edge higher
decoupling from stocks. 
- The 3s-10s curve is back to flat after early losses as the spread follows the
recovery in the US yield curve. Spread sits at 44.4bps last. The AU-US 10-year
spread trades at -42.7, recovering from yesterday's lows to sit in the middle of
its recent range. 
- There is no data in the pipeline today and bonds look set to follow US
developments as correlations between the two markets remains elevated.

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