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Bond futures have followed Tsy.........>

AUSSIE BONDS
AUSSIE BONDS: Bond futures have followed Tsy futures lower since the CME
re-open, after the late T-Note bid on U.S. equity futures weakness waned.
- The domestic 3-/10-Year cash yield spreads trades around ~61.0bp, virtually
unchanged on the day, while the AU/U.S. 10-Year yield spread deals at ~-47.5bp
as AU paper failed to play catch up to U.S. Tsys after Tsys' Thursday rally.
- The Bill strip last trades 2-5 ticks lower, with 3-Month BBSW fixing ~0.6bp
higher today.
- AU retail sales & the AOFM's auction of A$1.0bn of the 3.25% 21 April 2029
Bond, issue #TB138, dominate today, with next week's AOFM issuance schedule also
due.
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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