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AUSSIE BONDS: Aussie Bonds have ticked back from early levels following
constructive trade rhetoric from China's MOFCOM. In BBG headlines MOFCOM noted
that "China is to push forward with U.S. trade negotiations over the 90 day
period." MOFCOM stressed that the trade meeting was "very successful" and that
it is "confident that it can execute the trade talk results."
- 3-/10-Year cash yield spread back to 53.5bp from early flats.
- Bill strip trades unchanged to 1 tick lower through the whites and reds.
- AU GDP data headlines today, with a focus on the household consumption
component, a focal point for the RBA.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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