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Aussie Bonds have continued their......>

AUSSIE BONDS
AUSSIE BONDS: Aussie Bonds have continued their outperformance vs. U.S. Tsys, as
they remain attractive to the likes of Japanese investors on an FX hedged basis,
with the AU/U.S. 10-Year spread grinding to fresh cycle lows below -30bp, while
the domestic 3-/10-Year yield differential sits a touch flatter today, around
57.5bp.
- 3-Month BBSW fixed unchanged today unchanged with the bill strip trading a
tick better off to a tick worse off early on.
- Traders now look to next week's Jun/Q2 retail sales release followed by the
RBA decision on 07 August, as well as the AOFM issuance schedule for next week.
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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