Aussie bonds scream to all time highs as RBA goes all in

The long end of the bond curve is roaring to record highs today:

As the RBA begins to tilt towards unconventional policy, with its new use of forward guidance for low rates for a very long time, the long end of the curve is afire and the curve flattening fast:

Spreads to the US at the long have cratered too:

Ramping pressure on the AUD:

More to come!

Comments are hidden for Membership Subscribers only.