Aussie Bonds have stuck to a tight.....>

AUSSIE BONDS: Aussie Bonds have stuck to a tight range. 3-Year Bond futures

trade 0.5 tick lower at 97.765, while 10-Year Bond futures trade 0.5 tick lower

at 97.185. Benchmark 3-Year paper yields 2.189%, while 10-Year benchmark paper

yields 2.800%. The domestic 3-/10-Year yield differential last trades 0.1bp

steeper at 60.4bp.

- CBA pushed back their forecast for the first hike in the Reserve Bank of

Australia's cash rate to February next year against a previous forecast which

looked for a November 2018 hike. CBA chief economist Michael Blythe said that

the macroeconomic backdrop indicates that the next move in interest rates is up

but the RBA's patience will be lengthened due to new uncertainties from falling

dwelling prices, funding cost pressures and tightening lending standards.

- Cash Tsys were closed in Asia-Pacific hours owing to a Japanese holiday, which

has limited Aussie Bonds.

- The white & red bill contracts trade a tick higher to a tick lower, after

3-Month BBSW fixed 0.5bp higher, putting an end to a run of lower to unchanged

fixings.