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Decent activity in IBG0 post-CPI,......>

AUSSIE BONDS
AUSSIE BONDS: Decent activity in IBG0 post-CPI, with ~13.3K trading from 99.265
upto 99.270 in the time since.
- Headline CPI tops exp. at +1.8% Y/Y, but misses RBA exp. of +1.9%. Trimmed
mean inflation tops consensus, +1.6% Y/Y, and meets RBA exp.
- Quick reaction from economist with Oxford Eco notes that "most of the
acceleration came from food (drought-related) and fuel, but this was largely
offset by still-subdued housing cost inflation."
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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