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Aust bonds surge on RBA rate cut talk

2015-10-14 09:09:35| Automakers - Topix.net

Commonwealth Bank of Australia fixed income quantitative strategist Philip Brown said a local bond tender was also very well received, which has driven a bid across the back end of the curve with 10- and 20-year bonds. "Normally that would cause a flattening of the curve, but today the front end managed to keep pace because was repriced," he said.

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