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Roll Flow Eyed

AUSSIE BONDS

Curve a touch flatter vs. settlement levels in early Sydney trade, with YM +2.0 and XM +3.4 (based on Z0 contracts given OI and traded volume), with early focus this week falling on activity in the rolls given the lack of outright domestic catalysts evident.

  • The Sino-Aussie relationship still eyed, with worries over capital flows and overall tension evident.
  • Bills -1 to +1 through the reds, decent 2-way flow in IRZ0 thus far.
  • Participants will look to see if the RBA opts to buy ACGBs when the window opens later today.
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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