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Off Best Levels, But Firmer On The Day

AUSSIE BONDS

Aussie bonds continue to track the beat of the broader drum, with futures firmer on the day, but off best levels. YM +3.0 & XM +4.5 as a result. Cash ACGB trade sees a fairly parallel degree of richening from the 7-Year point to further out the curve. Meanwhile, EFPs sit 0.5-1.0bp tighter. Local headline flow has been non-existent since the Capex data release, with geopolitical matters dominating the broader wires.

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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