Australia’s 10-Year Yield Hovers at Multi-Week High

Australia’s 10-year government bond yield hovered near 4.36%, staying close to its highest point since late May, as hopes for near-term rate cuts diminished following the Reserve Bank’s unexpected decision to keep rates unchanged.The RBA held the cash rate at 3.85% last week, surprising markets tha…

Source:: Oceania – Australia – rss.app