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US TSYS

A Late NY Bid

AUSSIE 10-YEAR TECHS

(Z2) Primary Trend Direction Remains Down

KRW

USD/KRW Rebounds +1.25% Overnight

AUSTRALIA DATA

Price Developments Point To Higher Inflation Expectations

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AUSSIE BONDS
AUSSIE BONDS: RBA Governor Lowe's appearance has come to an end. Not much new to
note in it. He pointed to Chinese stimulus on the back of Coronavirus, as well
as an improving domestic outlook in Australia, prior to the outbreak. Elsewhere,
comments largely surrounded matters discussed earlier this week.
- Anyway, Coronavirus headlines out of Hubei province are dominating early
trade, putting a bid into the space. YM & XM trade at unchanged levels as the
overnight weakness is unwound, contracts just shy of their respective session
highs.
- Bills sit unchanged to 1 tick lower through the reds.
- On the domestic data front we saw a moderation in the latest round of consumer
inflation expectations.
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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