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Matters abroad once again provided.....>

AUSSIE BONDS: Matters abroad once again provided the impetus for the space in
SYCOM trade, with a clear focus on the Sino-U.S. phase 1 trade deal. Contracts
sit just off their overnight highs, YM +3.5, XM +4.5, with YM/XM 1.0 flatter vs.
settlement at 42.5 as a result.
- Sources flagged better receiving in the belly overnight, through spreads,
building on recent fly patterns that they have observed.
- Bills print unchanged to 2 ticks higher through the reds.
- Housing finance data is due today.
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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