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Aussie bonds saw a quiet session.......>

AUSSIE BONDS
AUSSIE BONDS: Aussie bonds saw a quiet session yesterday and are likely to see
subdued trade initially today after a quiet US session and the upcoming RBA rate
announcement. Yields higher in early trade while futures drop to new session
lows after a rise in domestic manufacturing PMI and weekly consumer confidence.
Curve continues its steepening move from yesterday, 3-/10-Year spread now
71.5bp.
ANZ thoughts: "Rates markets ended the session little changed. In Australia, the
RBA meeting will dominate. Much of the recent pricing for hikes has been
removed, and we expect the curve to remain steep."

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