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Aussie Bond futures have moved.........>

AUSSIE BONDS
AUSSIE BONDS: Aussie Bond futures have moved lower, in sympathy with broader
risk-on flows stemming from the SCMP headline re: the top Chinese trade envoy
visiting the U.S.
- Up until then it had been a fairly limited session for the space, as Bond
futures operated around the early session highs. 
- Aussie paper has underperformed Tsys on the move, with the AU/U.S. 10-Year
yield spread at ~-43.8bp, while the domestic 3-/10-Year cash yield differential
trades ~1.2bp steeper at 63.3bp last.
- The white and red Bill contracts trade 1 tick lower to 1 tick higher.
- Local data, in the form of AU wage price indices & the labour market report,
will likely set the tone this week, with one eye on an address from RBA Dep.
Gov. Debelle, due Thursday.
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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