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AUSSIE BONDS: Little reaction in the space to a pretty hideous round of
completed construction work data there, which gets the Q4 partials underway on a
softer footing. Market more focused on the broader risk flows related to
Coronavirus headlines/goings on.
- Latest round of ACGB issuance was well enough received given the recent
- Bond futures off worst levels, YM +2.0, XM +1.5.
- Bills +1-2 through the reds.