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Positive comments out of China re:.....>

AUSSIE BONDS
AUSSIE BONDS: Positive comments out of China re: the latest round of trade talks
with the U.S. drove early activity in the space, providing some pressure,
although the move in Tsys proved more notable. Futures now operate off of
session lows.
- The results of the latest ACGB tender were ignored by the broader market as
they crossed around the time of the aforementioned headlines.
- The latest AOFM weekly issuance schedule yielded no surprises.
- YM trades 1.5 tick lower, with XM 1.0 tick worse off. YM/XM trades at 49.5,
with the cash equivalent dealing at 44.6bp.
- Bills trade unchanged to 3 ticks lower through the reds.
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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