The above Australian government bond yield curve is only yesterday’s data and its looking grim (today’s much worse). I imagine that the Australian dollar/bond is looking quite attractive compared to European and US bonds so I’m sure that has some influence but its still indicative that the markets aren’t that positive about markets nor our …
Daily Archive: August 3, 2011
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Aug 03
De ja vu?…and a messy interest rate commentary
Maybe I’m missing a few details and hopefully I’m wrong but I remember in the middle of 2008 the RBA were talking up inflationary concerns due to the China effect, raising and threatening to increase rates despite overseas blow-ups (Bear Stearns, etc). Right now, it has a similar feel, the RBA is once again concerned …
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