Yields falling
Rate hikes in the US look set to be pushed out further once again.
Rate hikes in the US look set to be pushed out further once again.
This morning, Australia's 10 year government bond yield touched a new record low of just 2.03 per cent.
Australia's government bond yields had been rising in 2013. In fact, the 10 year bond snuck above 4 per cent on 23 June 2013, at 4.04 per cent.
And in early 2008 the equivalent yield was well above 6 per cent.
But times have changed, and low rates appear to be the order of the day for the foreseeable future.
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Update: well, there it is!
The 10 year bond yield fell below 2 per cent for the first time.
Remember where you were...
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Update: well, there it is!
The 10 year bond yield fell below 2 per cent for the first time.
Remember where you were...
