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Decent paying in IRM0 & U0 has been....>

AUSSIE BONDS
AUSSIE BONDS: Decent paying in IRM0 & U0 has been seen, with the strip last
trading 6-8 ticks higher through the reds as the front 3 contracts lead the way.
- Chances of a 25bp cut at the RBA's Oct meeting now sit at ~80%, per the IB
strip, with more of the sell-side getting on board with the idea of a cut at
that meeting in the wake of the uptick in the unemployment rate.
- RBA Governor Lowe's next address, scheduled for this coming Tuesday, could be
key.
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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