The economy needs help. Is QE the correct answer? – The Australian Financial Review
The yield on three-year bonds is 0.13%, well below the RBA’s 0.25% target, but interest rates on longer-dated bonds are not falling on their own account and Australia has one of the highest 10-year government bond yields in the developed world at 0.81%. Of course, the RBA is also expected to lower the cash rate, […]
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