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MNI BRIEF: US CBO Projects February Budget Deficit Of USD312B
US Treasury Auction Calendar: 13W, 26W Bills In Line
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The broader round of muted core FI trade observed during Asia-Pac hours was compounded by the impending Australia Day holiday (which will be observed on Tuesday), leaving local bond futures to stick to the ranges that were established in the final overnight trading session of last week. YM unch. XM +2.0. Cash trade has seen some light bull flattening, with swaps generally wider across the curve.