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Rangebound Sydney Trade

AUSSIE BONDS

Aussie bond futures have stuck to particularly narrow ranges thus far. Broader markets are pretty much sidelined ahead of Thursday’s U.S. CPI print, while there has been a distinct lack of domestic news flow to provide any impetus. YM & XM both trade +1.0 after showing lower in early Sydney dealing. Cash ACGBs are flat to 1bp richer across the curve.

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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