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Aussie Bond futures trade back from....>

AUSSIE BONDS
AUSSIE BONDS: Aussie Bond futures trade back from their SYCOM lows, potentially
drawing support from the fact that China has taken its complaints re:
Australia's treatment of Huawei to the WTO.
- YM last -4.5 ticks, with XM -7.0 ticks. YM/XM trades at 50.0 ticks, with the
cash equivalent at 45.6bp. The AU/U.S. 10-Year yield spread trades at -61.5bp.
- The latest auction of ACGB 2.50% 21 May 2030 passed smoothly, providing little
in the way of broader market impact.
- Bills trade 1-5 ticks lower through the reds.
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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