RBA Governor Philip Lowe insensitive to provocative bond market – The Australian Financial Review
RBA Governor Philip Lowe insensitive to provocative bond market – The Australian Financial Review
On Wednesday, the 10-year bond rate rose an additional 2 basis points, virtually reversing the drop that followed the dovish announcement of extended bond purchases on Tuesday. Bond strategists have described the move, which will cut the bond market by $ 1.5 billion per week, as aggressive. It was motivated in part by other central […]
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