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Narrow Ranges, COVID Matters Eyed

AUSSIE BONDS

The space continues to operate within narrow ranges, with YM & XM both sitting 0.5 tick below settlement levels. Focus remains on the domestic COVID-19 situation and guidance from the NSW government which advised residents in one of Sydney's suburbs to stay at home as much as possible over the next three days to fight the cluster that has emerged. The cash ACGB curve has seen some light twist steepening.

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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