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Bond futures had ticked higher in......>

AUSSIE BONDS
AUSSIE BONDS: Bond futures had ticked higher in early SFE dealing, with the 3- &
10-Year contracts breaching their respective SYCOM highs set Friday. Contracts
moved back from best levels at the CME Globex re-open as Tsy futures moved lower
on the back of the optimistic rhetoric from U.S. President Trump & Chinese
counterpart Xi noted over the weekend re: trade. Both contracts trade 3.5 ticks
above settlement last. M/XM at 53.00, -0.50, with the cash 3-/10-Year yield
differential trading ~0.5bp steeper at 46.7bp.
- Bills trade 1-3bp higher in the whites & reds. RBA dealt A$2.357bn worth of
37-Day reverse repos at 2.193%, back from the 2.428% seen in Friday's 24-Day
ops.
- Lower tier AU data due throughout the week, so broader risk appetite likely to
set the tone for the space.
- Market set to close early today & closed New Year's Day.
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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