Aussie bonds have dipped on SFE post...>

AUSSIE BONDS: Aussie bonds have dipped on SFE post RBA jobs data which grew for

the 12th straight month. The 3-Year was last at 97.840 and the 10-Year last at

97.1950. Following Aussie Jobs Data sources gave insight to some offscreen large

clip sizes being sold, possibly helping the move, there was one clip of 5.5k

3-Year futures sold at 97.85 and around half an hour later a 10k clip of 3-Year

futures sold at 97.84. 

- Earlier on in the session was an Aussie bill auction, the only transaction of

the week from the AOFM which was very well covered at 5.98 times. Yields are up

across the curve within a very tight range.

- Jobs data MNI analysis: "Australia posted a record streak of uninterrupted job

gains in the year to September, recording an average jobs growth of around

31,000 per month for 12 straight months of rising employment. The data will

comfort the Reserve Bank of Australia as continued growth in jobs is important

to support household spending in the economy. The economy added 19,800 jobs in

September while the number of unemployed fell 11,800."