Aussie bonds roar to new all-time highs

Advertisement

With trade tensions rising, Aussie bonds are too, especially the long end as the 15 year hits all-time highs:

The short end is firmer and the curve is flattening again as the RBA’s economic fatwa lifts recession risks:

Advertisement

Negative yield spreads are also a bit smaller thanks to you know who:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
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.