while we slept; RBA goes 50bp; higher rates = 'yield support'; updated GSCPI; "The end of the ultra-low default world?"
thebondbeat.substack.com
Good morning … You’ll note this ( from IGMs Press Picks) which happened overnight, Biggest one-month lift in interest rates for 22 years – Sydney Morning Herald RBA governor Philip Lowe said the 0.5 percentage point move was driven by current inflation pressures and very low interest rates. “The board expects to take further steps in the process of normalising monetary conditions in Australia over the months ahead.”
while we slept; RBA goes 50bp; higher rates = 'yield support'; updated GSCPI; "The end of the ultra-low default world?"
while we slept; RBA goes 50bp; higher rates …
while we slept; RBA goes 50bp; higher rates = 'yield support'; updated GSCPI; "The end of the ultra-low default world?"
Good morning … You’ll note this ( from IGMs Press Picks) which happened overnight, Biggest one-month lift in interest rates for 22 years – Sydney Morning Herald RBA governor Philip Lowe said the 0.5 percentage point move was driven by current inflation pressures and very low interest rates. “The board expects to take further steps in the process of normalising monetary conditions in Australia over the months ahead.”