Business & Finance
Chalmers: Higher Bond Yields Will Pressure Australia Budget
Key Points
Jim Chalmers, Australian Treasurer, says higher global bond yields will put pressure on the Australian budget as the widespread selloff pushes debt refinancing costs higher. He speaks with Haidi Stroud-Watts and Shery Ahn on Bloomberg: The Asia Trade.
Jim Chalmers, Australian Treasurer, says higher global bond yields will put pressure on the Australian budget as the widespread selloff pushes debt refinancing costs higher. He speaks with Haidi Stroud-Watts and Shery Ahn on Bloomberg: The Asia Trade. (Source: Bloomberg)