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The much weaker than expected..........>

AUSSIE BONDS
AUSSIE BONDS: The much weaker than expected domestic building approvals data has
put a small bid into the space, pushing lead futures contracts to SFE highs.
- YM last trades 1.0 tick lower, with XM -2.0. YM/XM trades at 49.5, with the
cash equivalent at 48.3bp. The AU/U.S. 10-Year yield spread trades at -46.1bp.
- Bills unchanged to 3 ticks lower on the day.
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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