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Aussie Bonds tracked Tsys lower on.....>

AUSSIE BONDS
AUSSIE BONDS: Aussie Bonds tracked Tsys lower on SYCOM as risk sentiment
improved on the back of the U.S.-Mexico trade pact, with a cloud of political
uncertainty hanging over Canberra adding additional weight to the space.
- The domestic 3-/10-Year yield differential sits just below 53bp last, a touch
steeper on the day, while the AU/U.S. 10-Year yield spread hovers around
-27.5bp.
- Corporate issuance continues to garner interest. OCBC have launched a
benchmark A$ 3-year floating and/or fixed deal, with Singtel Optus & Macquarie
University mandating banks for 5- & 10-Year A$ deals respectively.
- The Bill strip trades unchanged to 2 ticks lower last, with 3-Month BBSW
fixing 0.1bp higher today.
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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