Australia 10Y Yield Hovers Near 2-Year High
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Australia's 10-year government bond yield is around 4.77%, near a two-year high, as investors anticipate potential policy tightening. RBA minutes reveal concerns over persistent inflation, with discussions on possible rate hikes in 2026. Markets expect a rate increase in early 2026, with major banks forecasting earlier tightening due to excess demand, tight labor market, and weak productivity. The yield is projected to gain 9% in 2025.
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