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Higher, But Off Flats

AUSSIE BONDS

The Aussie curve pushed flatter in early Sydney trade, but the space then edged away from richest levels, with YM +1.0 and XM +2.5 at the bell, with focus on the U.S. fiscal backdrop, not local data releases.

  • 3-Month BBSW fixed at an all-time low of 0.010% today, as a result of the RBA's ultra-loose monetary policy settings (we gave some deeper colour on the matter yesterday).
  • Bills finished unch. to +1 through the reds, running flatter vs. settlement.
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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