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Cash Runs Steeper After NSW Holiday, RBA Rhetoric Eyed

AUSSIE BONDS

YM unchanged, with XM +1.0 in early Sydney trade, as the latter challenges its overnight highs. The cash curve is steepening as the space plays catch up after Monday's closure.

  • On the semi front SAFA has launched the tap of its May '32 line at EFP +80-82bp (should price tomorrow).
  • Bills running unchanged to +1 through the reds.
  • The latest RBA monetary policy decision headlines locally on Tuesday, with retail sales and monthly trade data also slated.
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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