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The commentary piece in Xinhua.........>

AUSSIE BONDS
AUSSIE BONDS: The commentary piece in Xinhua adopted more cautious rhetoric re:
U.S.-China trade matters than U.S. President Trump, which has supported bond
futures after Trump's comments weighed early on. The flattening pattern has
held.
- YM last trades 0.5 tick lower, with XM +3.0 ticks on the day. Curve has
flattened as a result, with YM/XM at 42.50, and the cash equivalent at 42.3bp.
- Bills trade 1-2 ticks lower through the reds.
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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