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Aussie Bonds Crushed After "Everything Is Awesome" Best October Job Gains Since 2007

China must be fixed because 'seasonally-adjusted' Aussie full-time employment just surged 58,600 MoM (almost quadruple expectations of a 15k rise). This is the best monthly gain in jobs since September 2012 and best October since 2007 - which all makes perfect sense. The resultant bloodbath in Aussie bonds (3Y +13bps to 6 month highs is worst day since Jan 2014) is all too real however. The question is - will this "good news" be jawboned down by RBA in order to give them some easing room?

 

Aussie job gains explode...

 

The best October since 2007...

 

Crushing Aussie bonds...

 

 

Charts: bloomberg