RBA Doves Cry Anew as Fed Hawks Seen Circling: Australia Credit

Australia’s bond yield advantage to the U.S. has narrowed to an 11-month low as traders see the Reserve Bank of Australia renewing a dovish tone even as the Federal Reserve prepares to tighten policy. The yield premium Australian 10-year notes offer over U.S. debt of similar maturity shrank to 1…

Originally posted here:
RBA Doves Cry Anew as Fed Hawks Seen Circling: Australia Credit

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