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AUSSIE BONDS

Curve a little steeper vs. settlement levels, with YM unchanged and XM -1.0, as Aussie 10s continue to trade through their U.S. equivalent with the prospect for imminent RBA easing & U.S. fiscal matters front and centre.

  • Bills unchanged to 1 tick lower through the reds.
  • NAB business confidence headlines locally today. Elsewhere, RBA Deputy Governor Debelle will speak, although the topic of "The Future of the FX Global Code" provides little hope re: meaningful commentary.
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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