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Global FI markets shrugged off the the........>

BONDS
BONDS: Global FI markets shrugged off the the opening salvo of China's NPC
meeting, which contained little in the way of fireworks as the country's
policymakers lowered the official growth target to 6.0-6.5%, in line with exp.
- A softer than expected Chinese Caixin services PMI print put a modest bid into
Tsys & AU bonds, as did a softer than exp. Q4 net exports print out of
Australia, but truth be told it has been a relatively quiet session for global
FI.
- Focus in Japan is set to fall on 10-Year supply, while broader markets look to
the RBA MonPol decision in a little over an hours time.
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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