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The space's recent run of cross........>

AUSSIE BONDS
AUSSIE BONDS: The space's recent run of cross market underperformance has
continued, with the AU/U.S. 10-Year yield spread in to -~38bp at writing, after
futures softened on SYCOM, although they did manage to pare a chunk of their
losses overnight and have stuck to a tight range during SFE hours thus far.
- The domestic 3-/10-Year cash yield curve continues to hover just below 60bp.
- Bills trade unchanged to 1 tick softer across the whites and reds, with
3-Month BBSW fixing unchanged today.
- Focus falls on the RBA Nov meeting minutes, although most see little scope for
any ground-breaking information as the decision was supplemented by the
quarterly SoMP.
- RBA Gov. Lowe will speak later in the day, with the address titled "trust &
prosperity."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com