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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 weekly highs 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
was 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.
- ANZ on tomorrow's CPI: "Our daily tracking of petrol prices suggests a 2.5%
q/q decline in prices in Q3, which will subtract 0.1ppt from CPI. The average of
the underlying inflation measures is forecast to have risen by 0.4% q/q in Q3,
weaker than the previous quarter, but still sufficient to lift annual growth a
touch.'
- Yields are down across the curve, the 3-/10-Year spread last at 0.8bp, the
2-/30-Year spread last at 1.4bp.

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