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XM Futures Tick Lower


XM registered fresh session lows in recent trade, last -9.0, a touch off of worst levels, with some spill over from the broader core global fixed income space, and perhaps some hedging flows surrounding the pricing of A$1.25bn of new 1.25% Oct ’32 paper from the ACT creeping in. Elsewhere on the semi issuance front, NSW will see a new Nov ’32 sustainability bond price before the close of play on Wednesday. Technical support is located at the 29 Oct ’21 low (97.855).

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

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