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Still Tracking Wider Themes

AUSSIE BONDS

The wider bid in core fixed income markets has supported the space, with little in the way of tangible post-Budget impact observed. That leaves YM +9.5 & XM +6.5, while cash ACGB trade see 5s outperform and longer dated ACGBs richen by ~4bp. Bills run 5-11 ticks richer on the day, owing to the bid in bonds.

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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