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AUSSIE BONDS

Little to really highlight when it comes to idiosyncratic drivers for the space, with the grind higher in global core FI markets providing a bid as Sydney trade has worn on. That leaves the major cash ACGB benchmarks running 1.0-6.5bp richer as the curve bull flattens. Bills now sit 2bp cheaper to 1bp richer through the reds, twist flattening.

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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