May 02, 2022 01:22 GMT
Back From Best Levels
AUSSIE BONDS
No reaction in the space to the M/M dip in Melbourne Institute inflation expectations (-0.1%), while the Y/Y reading cooled a little (to 3.4% from the multi-year high of 4.0% observed in March). The space was back from best levels ahead of the prints, with no subsequent bid emerging. YM last -9.5 and XM -12.5, with the latter operating in close proximity to overnight session lows.
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