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Little to note in overnight/early......>

AUSSIE BONDS
AUSSIE BONDS: Little to note in overnight/early Sydney trade, with YM +0.5 and
XM +1.0 last, on the back of a tight SYCOM session.
- Local news flow has been relatively limited, with continued focus on Sino-U.S.
relations (e.g. a piece in The Australian has noted that China has warned
Australia that excessive anti-dumping complaints from BlueScope Steel may
threaten the nation's steel industry/iron ore exports). Locally, Victoria's
COVID-19 situation continues to be scrutinised.
- Bills unchanged to -1 through the reds.
- A$1.0bn worth of ACGB 1.50% 21 June 2031 supply headlines the local docket
today, with the AOFM's weekly issuance announcement also due. A reminder that
the new ACGB Jun '51 is scheduled for the week commencing July 27.
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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