Connect with us

Business

RBA inaction on April 2024 bond escalates war with traders – The Australian Financial Review

Bond traders are taking the three-year government bond yield further from its 0.1pc target after the central bank opted against…

Published

on

Article feature image

The RBA didnt intervene to buy the April 24 bond, which has seen it push higher in yield, said Martin Whetton, head of fixed income and currency strategy at Commonwealth Bank.
Meanwhile, interest rate derivatives have now fully priced an increase in the…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending