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Back To Near Unchanged Levels

AUSSIE BONDS

The curve has re-flattened to near unchanged vs. yesterday's settlement levels on the back of the previously flagged Biden stimulus plan chatter, with YM +0.5 and XM +1.0. This comes after the latter firstly consolidated and then marginally extended on overnight gains in early Sydney trade. Swaps are wider vs. cash ACGBs across most of the curve, with cash yields now back to near unchanged levels across the board. Local news flow has been light.

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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