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Plenty To Wet The Whistle

AUSSIE BONDS

YM -1.0, XM -2.0, roughly in line with late overnight levels after futures took their lead from U.S. Tsys in post-Sydney trade, recovering from overnight cheaps in the process.

  • Q1 PPI and the latest monthly round of private sector credit data headline the local docket on Friday. We will also see A$1.0bn of ACGB 1.50% 21 June 2031 supply and the release of the AOFM's weekly issuance slate. Elsewhere, official PMI data from China may provide some impetus from further afield.
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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