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Steepening Holds

AUSSIE BONDS

No reaction in the space to the stronger than expected domestic Q2 completed construction print. YM -1.5, XM -5.0, with the overnight steepening dynamic in the drivers seat. Details of the ACGB Nov '31 syndication pricing await.

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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