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XM Unwinds Overnight Bid

AUSSIE BONDS

The space has come under modest pressure to start the week, with the uptick in U.S. e-minis and crude oil futures helping to unwind the previously outlined XM outperformance vs. Tsys witnessed in the final overnight trading session of last week. YM -1.0 & XM -1.5 last.

  • A piece from Westpac chief economist Bill Evans is being re-circulated early this week. The piece, which was initially published on Friday, suggested that the Australian government should realign the RBA's inflation target to 1-3% to be consistent with other central banks.
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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