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Cash ACGBs were closed on the back.....>

AUSSIE BONDS
AUSSIE BONDS: Cash ACGBs were closed on the back of the Sydney/NSW regional
holidays, with futures sticking to tight ranges as a result, underpinned by the
risk-negative developments that took place over the weekend.
- YM +2.0, XM +1.5, leaving YM/XM at 32.0.
- Bills trade 1-4bp higher through the reds.
- Participants looked through the latest local construction PMI data (as usual),
with the docket set to pickup on Tuesday, as local participants return and the
latest NAB business survey is due to hit. Elsewhere, the return of Chinese
markets from the week-long holidays may provide extra impetus from abroad.
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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