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Tight Ranges, Rolls Dominate


Roll flow continues to dominate activity in early Sydney dealing, with no spill over from the previously outlined CLF wind down announcement from the APRA (the eventual cessation of the facility was widely expected/telegraphed). YM +1.6 while XM trades +3.4. the long end of the cash ACGB curve sits ~4.5bp richer on the day.

MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

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