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YM & XM deal just off of their.........>

AUSSIE BONDS
AUSSIE BONDS: YM & XM deal just off of their respective SYCOM lows after
pressure on Tsys spilled over into the space overnight. YM last -5.5 ticks, with
XM -9.0 ticks. This leaves the curve running steeper, with YM/XM at 46.5 ticks
and the cash equivalent at 42.8bp.
- Bills trade 2-5 ticks lower through the reds.
- RBA Deputy Governor Debelle's speech, made in NY hours, provided no real
points of note.
- Focus today will fall on the AOFM's weekly issuance schedule & Chinese trade
data.
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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