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COVID Worry Evident

AUSSIE BONDS

An early bid in the futures space to start the week, YM dealing +1.0 after finishing the overnight session at unchanged levels, while XM prints -0.5 after finishing the overnight session -2.0.

  • The space is likely being supported the continued uptick in COVID cases in Sydney and the prospect of deeper/long lockdowns that goes alongside that.
  • The latest round of scheduled ACGB purchases from the RBA headline locally on Monday.
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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