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Aussie Bond futures have ticked away...>

AUSSIE BONDS: Aussie Bond futures have ticked away from Friday's SYCOM lows,
allowing some modest outperformance vs. U.S. Tsys, with the AU/U.S. 10-Year
yield spread sitting at ~-32.5bp. - Potential political unrest re: the future of
PM Malcolm Turnbull may be underpinning the space in early dealing, although he
has stressed that he has the confidence of the cabinet & his party room. 
- The domestic 3-/10-Year yield spread holds around 53.0bp after the flattening
observed last week.
- The Bill strip last trades a tick lower to a tick higher with 3-Month BBSW
fixing 0.5bp higher at 1.955% today.
- Traders will look to the release of the RBA's meeting minutes from its August
meeting, due Tuesday, with plenty of additional RBA-speak dotted throughout the
week (in the form of Gov. Lowe, Asst. Gov. Debelle & Boulton). Economic releases
include the AU Q2 completed construction print.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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