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Futures stuck to a tight range on......>

AUSSIE BONDS
AUSSIE BONDS: Futures stuck to a tight range on SYCOM, with cash yields a little
lower across the curve in early trade today.
- YM & XM both trade +0.5 tick at writing, with YM/XM at 48.5 ticks and the cash
equivalent at 44.9bp.
- Bills trade unchanged to 1 tick lower through the reds.
- Focus today falls on domestic wage data, which will come under greater
scrutiny after the latest NAB survey revealed a round of disappointing labour
market optics when it was released yesterday. ACGB 2024 supply is also due,
while participants will also look to Chinese activity data as a potential
catalyst.
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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