RBA Rhetoric & CPI Provide No Fresh Impetus

Much the same as T-Notes, the space is willing to operate in the narrow ranges established in early Sydney dealing, even as RBA board member Harper flagged the potential for further easing (although the rhetoric deployed was in tune with what we have heard from RBA Governor Lowe, among others), while Q3 CPI was never going to move the goal posts for the RBA. YM -0.5, XM +2.5, holding flatter, while swaps are a touch wider across the curve again (expectations re: the outline of a broader round of bond buying at next week's RBA decision is likely the explanatory factor here). Bills sit unchanged to -1.