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Bonds have largely tracked U.S.........>

AUSSIE BONDS
AUSSIE BONDS: Bonds have largely tracked U.S. Tsys, sticking to a tight range.
- The domestic 3-/10-Year yield differential has edged back to ~58bp, while the
AU/U.S. 10-Year spread sits just above -30bp.
- Some focus on semi issuance out of the Northern Territory in the form of 2030
Bonds, while on the corporate side HSBC has launched 3-Year floating &/or fixed
paper.
- Repo rates were largely stable today, with 3-Month BBSW fixing ~0.4bp lower,
the bill strip last deals unchanged to a tick lower.
- Participants await comments from RBA Gov. Lowe later today, ahead of Friday's
SoMP.
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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