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

AUSSIE BONDS
AUSSIE BONDS: Both the 3-Year and the 10-Year Aussie Bond benchmark contracts
went to their highest levels this week on SFE as month end approaches, ANZ
Confidence Index figures came in up 0.8% and the markets await tomorrow's CPI
figures, the 3-Year last at 97.870 and the 10-Year last at 97.200.
- On SYCOM Aussie Bonds moved higher with U.S. Tsy's in anticipation of U.S.
Pres. Trump's impending decision on Fed chair. 
- Last weeks labour data was promising and seems to have boosted confidence for
consumers judging by the ANZ figures out earlier on in the session, back above
its long term average from showing a decline last week.
- CBA on tomorrow's CPI: "We expect the headline CPI to rise by a sizeable 0.9%
in the quarter after posting a small 0.2% lift in Q2. On our forecasts, the
annual rate of inflation would step up to 2.1% from 1.9%. A solid 0.7% q/q
increase in Q3 2016 will drop out of the annual calculations."
- Yields are down across the curve, the 3-/10-Year spread last at 0.7bp, the
2-/30-Year spread last at 1.3bp.

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