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Marching To The Beat Of The Wider Drum

AUSSIE BONDS

The aforementioned European-centric recessionary worries drove a bid in Aussie bond futures overnight, although the space finished post-Sydney dealing off of best levels after U.S. equities regained some poise in the wake of the European cash close.

  • That leaves YM +8.5 and XM +13.0 in early Sydney dealing, a touch above late overnight levels as domestic participants react to Tuesday’s narrative. Meanwhile, Bills are +1 to +11 through the reds.
  • A$800mn of ACGB Apr-33 supply headlines the domestic docket on Wednesday.
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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