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Twisting Flatter

AUSSIE BONDS

Futures have twist flattened since the Sydney close, taking their lead from the EGB space, given the observance of the Thanksgiving holiday in the U.S. That leaves YM -2.5 and XM +0.5 as of typing. The longer end of the cash ACGB curve is ~1.5bp richer vs. Thursday's close. Retail sales data headlines the domestic docket on Friday, with A$1.5bn of ACGB Nov-25 supply and the release of the AOFM's weekly issuance slate also due.

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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