Aussie bonds stayed within a 2 tick....>

AUSSIE BONDS: Aussie bonds stayed within a 2 tick range during today's SFE

despite RBA Target Rate announcements, the predictions were set on no rate

changes and they were right, the rate was keep at a low 1.50% for the 14th

consecutive month. The 3-Year was last up 1 tick at 97.800 and the 10-Year was

last up 2.5 ticks at 97.1250, the 10-Year dipped 2 ticks after Aus Building

approvals came in at +0.4% in Aug from -1.7% in July to come back up post

announcements. During SYCOM Aussie Bonds trailed U.S Tsys on risk off bidding

post Spain/Catalan vote and US Las Vegas shooting, Tsys/Aussie B's then dipped

on very strong 60.8 Sept. US ISM Manufacturing Index, highest since 1987. 

- After the rate announcements the CBA said,'Rates were left unchanged and an

upbeat economic message was delivered highlighting the improvements in the

global economy. The level of concern about a stronger AUD remains and we do not

expect an RBA rate rise till late 2018,'

- Yields are up across curve, 3-Year up 0.1bp and the 10-Year up 0.2bp but there

was more give earlier in the session.