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Holding Firm Ahead Of Jobs

AUSSIE BONDS

A very mundane start for the space as participants zero in on the release of the domestic labour market report, which will hit in just under 1 hour. In terms of the headline expectations the BBG consensus looks for a 20K rise in the number employed, while the unemployment rate is expected to hold steady at 5.1%. YM +2.5 and XM +4.5 as of typing, with longer dated paper sitting 4.5bp richer on the day in cash ACGB trade.

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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