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MNI

Test, Please Ignore

EUROZONE ISSUANCE

EGB Supply for W/C Jul 26

USDCAD TECHS

Pullback Considered Corrective

US TSYS SUMMARY

What a Short, Strange Trip It's Been

GLOBAL POLITICAL RISK

Pfizer, Moderna Jabs Retain High Trust; AZ, Sputnik Lower

AUDUSD TECHS

Trend Indicators Remain Bearish

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  • Local rates Unch at the open, due to the public holiday, while USD bonds trade marginally +2.7-3.8bp in the red to kick the week off.
  • Friday's session saw both curves close broadly on the front foot, in line with improved EM FI sentiment.
  • Locals closed -9-11bp bull flatter on the day, while USD bonds moved -5.4bp lower in the belly of the curve.
  • W/w both curves closed marginally lower, after a sustained bear flattening into the CBR meeting.