Home Business & Finance Australian Benchmark Bond Yield Jumps to Level Last Seen in 2011
Business & Finance

Australian Benchmark Bond Yield Jumps to Level Last Seen in 2011

Key Points

Australia’s benchmark sovereign bond yield rose to its highest level in 15-years as a global selloff deepened and traders increased bets that the Reserve Bank may need to hike interest rates again soon.

Australia’s benchmark sovereign bond yield rose to its highest level in 15-years as a global selloff deepened and traders increased bets that the Reserve Bank may need to hike interest rates again soon.
Australian (ORG) Australia (LOCATION) the Reserve Bank (ORG)
Originally published by Bloomberg Markets Read original →