Australian Benchmark Bond Yield Jumps to Level Last Seen in 2011
Australia’s benchmark sovereign bond yield rose to its highest level in 15-years as a global selloff deepened and traders increased bets that the Reserve Bank may need to hike interest rates again soon.
<p>Australia’s benchmark sovereign bond yield rose to its highest level in 15-years as a global selloff deepened and traders increased bets that the Reserve Bank may need to hike interest rates again soon.</p>