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XM Reverses Overnight Softening

AUSSIE BONDS

YM & XM both sit at unch. levels at typing, with the latter reversing its modest overnight weakness. There has been little in the way of news flow of note, with the space no doubt supported by the previously mentioned incremental moves in e-minis/U.S. Tsys. Local focus remains on the NSW COVID situation (daily press conference scheduled for the top of the hour) and the release of the minutes from the RBA's August meeting, scheduled for ~40 minutes time.

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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