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Futures ran out of steam on SYCOM......>

AUSSIE BONDS
AUSSIE BONDS: Futures ran out of steam on SYCOM and tracked Tsys back from
highs, last trading off of SYCOM lows with the curve running a touch steeper
early on today.
- Little in the way of notable headline flow ahead of next week's round of event
risk, with focus on the AOFM's weekly issuance schedule and credit data, due
later today.
- YM last trades -2.0 ticks, with XM -3.5 ticks. YM/XM trades at 41.5, with the
cash equivalent at 36.5bp,. Bills trade 1-2 ticks lower through the reds.
- RBA repo ops saw $1.52bn worth of 34-day operations dealt at an average of
1.882%.
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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