Aussie bond yields narrow sharply

David Llewellyn-Smith

Friday 21 August 2015

After breaking support yesterday the Aussie 10 year bond yield is galloping in now:

The big moves are at the long end but the whole curve is coming in:

The Australian slope is falling fast but is still far too steep thanks to an inept RBA:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.