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Steeper Early On

AUSSIE BONDS

Aussie bonds have been biased steeper in early Sydney trade given the impetus from U.S. Tsys and short-term supply related ACGB cash flow dynamics outlined elsewhere. That leaves YM -2.0 and XM -3.0, with the longer end of the cash ACGB curve running ~4bp cheaper on the day at typing.

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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