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The flattening pressure witnessed in the U.S. had some spill over into Aussie bond futures during overnight trade, leaving YM at unchanged levels and XM +4.5 vs. settlement at the close, with XM futures lagging the move witnessed in U.S. Tsys by a handful of bp.
- The release of the AOFM's weekly issuance slate and A$1.0bn of ACGB 1.75% 21 November 2032 supply headline locally on Friday.