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Aussie bond futures have edged.........>

AUSSIE BONDS
AUSSIE BONDS: Aussie bond futures have edged higher in SFE trade, and operate
around neutral levels at writing, drawing support from the disappointing NZ
labour market data from across the Tasman.
- The latest round of domestic CoreLogic House price data saw the M/M rate of
decline slow to -0.5%, from -0.7%, continuing the recent of moderations in the
headline decline.
- YM last trades +0.5 tick., with XM +1.0 tick. YM/XM trades at 54.0 ticks, with
the cash equivalent at 49.7bp. The latest 10-Year basket bond auction was
largely ignored by futures and could be deemed "average."
- Bills trade 1 tick lower to 2 ticks higher through the reds, with the whites
underperforming.
- The RBA allotted a total of A$2.48bn across 16-, 28- & 47-Day repos, at
average yields of 1.662%, 1.629% & 1.599% respectively.
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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