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Month-end flows in the driving seat, with the long end outperforming in cash trade on the back of the huge month-end extensions stemming from the large syndication of the new ACGB Jun '51 (as we highlighted earlier this week). Futures a little more contained, with YM unchanged and XM +2.0.
- Bills sit unchanged to -1 through the reds.
- No movement for the space on the back of local data, nor on the Chinese official PMI readings.
- The AOFM provided a typical issuance slate for next week.