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Cash Trade Limited Ahead Of Labour Market Report As Futures Remain Halted

AUSSIE BONDS

Cash ACGB trade is extremely limited heading into the release of the latest domestic labour market report at the bottom of the hour given the aforementioned technical issues that have plagued the ASX 24 trading system, resulting in the halt of Aussie bond futures trade. As a pre-data marker, the cash curve has bear flattened with 3s leading the weakness, cheapening by 6.5bp, while 10 are ~3.5bp cheaper, as 30s sit ~1.5bp cheaper.

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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