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Core FI Off Of Worst Levels

BONDS

U.S. Tsys and ACGBs are away from worst levels, with headline macro flow remaining light. The failure of U.S. 10-Year yields & TY futures to break through Thursday’s cheaps has facilitated a little bit of a rebound, while the passage of semi-issuance in Australia (NSW Tcorp came to market with A$500mn of 2030-32 paper) will have removed the burden of any supply-related hedging.

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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