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

AUSSIE BONDS: Both the 3-Year and 10-Year began SFE climbing but started a deep

sell off alongside Tsy's post announcements the U.S. Senate has approved the

budget in crucial steps forward for Republican tax cuts, the sell off also came

as the AOFM announced forthcoming transactions... The 3-Year contract was last

at 97.840 and the 10-Year was last at 97.195. 

- On SYCOM the benchmark contracts made gains moving in tandem with U.S Tsys

amid geo-political tensions with the Catalonian Crisis and the N. Korean Crisis,

they slipped off towards the end of the overnight as there was speculation in

the markets that Pres. Trump was leaning towards Powell for Fed chair. 

- No domestic data today, but next week we see a few large Aussie bond auctions

and Aus Q3 inflation. ANZ say, "This is undoubtedly the key domestic economic

release for the month. The headline figure will be dominated by the impact of

the sharp rises in residential electricity and gas prices that came into effect

through most of the country on 1 July. We estimate that the nationwide increase

was 10% q/q for electricity and 5% q/q for gas in Q3. All up we see the headline

CPI rising 0.8% q/q, 1.9% y/y."