Aussie bond yields have backed up spectacularly in recent weeks. It began with the shift from zero COVID to living with the virus but most of it is the energy crisis that has sent coal and LNG prices to ludicrous levels: The curve has steepened markedly as well: Spreads to the US have flipped positive
The post Aussie bond yields rip towards 2022 deflation shock appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]