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Market Thin, With NSW On Holiday

AUSSIE BONDS

YM & XM both sit 0.5 below their respective settlement levels, with a state holiday in NSW hampering liquidity, alongside a closure for cash ACGBs.

  • Weekend developments have zeroed in on the COVID-19 situation in Vicrotia, with deeper COVID-19 fighting measures imposed, including a nightly curfew in Melbourne, as the state Premier declared a state of disaster. Elsewhere, the AFR noted that "the federal government said it will consider a push from Victorian Premier Daniel Andrews for an extension of full JobKeeper assistance for more than 200,000 of the state's businesses, after assessing the impact of tougher health restrictions closer to a tapering deadline in late September."
  • Little to rock the boat on the local docket today.
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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