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Slight pressure creeping into YM in....>

AUSSIE BONDS
AUSSIE BONDS: Slight pressure creeping into YM in recent trade, despite a
disappointing flash CBA composite PMI reading. To recap, SYCOM trade saw the
space largely track Tsys.
- YM last -3.5 last & XM -2.5, leaving YM/XM at 25.0 and the cash equivalent at
23.4bp.
- Bills deal 2-5 ticks lower through the reds.
- RBA Governor Lowe's address at Jackson Hole, scheduled for U.S. hours on
Friday, is the only real event of note on the local docket during the remainder
of the week.
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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