Both the 3-Year and 10-Year............>

AUSSIE BONDS: Both the 3-Year and 10-Year contracts opened lower on SFE then

took a bid after the strong 10-Year auction, cover 4.33x. Aussie bonds dipped as

we come into month end and after PPI came in positive but by less than prior,

both benchmark contracts then steadied until later in the session when Aus

Deputy Prime Minister Joyce was disqualified from parliament after losing his

case regarding dual citizenship meaning Turnbull's coalition government will

lose their 1 seat majority. 

- The 3-Year contract was last at 97.920 and the 10-Year was last at 97.195. 

- Both benchmarks moved with Tsy's on the overnight which dipped after a painful

7-year bond auction, results showed a bid/cover at a 14 month low and then also

the ECB meeting news that Jan-Sept 2018 ECB bond-buys will be halved to E30B/mo

pace didn't help Tsy's positioning. 

- Aus domestic data to look to in the week ahead would be RPI, of which RBC say,

"We see a limited monthly bounce in September turnover to 0.2% growth on the

back of some positive lead indications from consumer sentiment, which picked up

in September and October readings despite higher utility and fuel prices."