Australia-US Bond Yield Gap Nears Zero as Policy Paths Diverge
Australia’s benchmark bond yield looks poised to fall below its US counterpart for the first time in over a year, as expectations for monetary policy in the two economies diverge.
This website’s original language is English. For translation, click the globe icon or choose Translate in the menu.
8 matching records found
Australia’s benchmark bond yield looks poised to fall below its US counterpart for the first time in over a year, as expectations for monetary policy in the two economies diverge.
"I don’t currently see an urgent need for further action," Federal Reserve Vice Chair for Supervision Michelle Bowman says after being asked about the future of monetary policy during an event hosted by the Atlantic Council in Washington. (Source: Bloomberg)
Federal Reserve officials weigh in on the sharp rise in Treasury yields after the 10-year hit a 24-year high. Minneapolis Fed President Neel Kashkari appeared on Bloomberg Surveillance Thursday, while Boston Fed President Susan Collins and Kansas City Fed President Jeff Schmid spoke in Asheville, North Carolina. And Fed Vice Chair Philip Jefferson discussed monetary policy at the University of Virginia. (Source: Bloomberg)
The yen weakened against the dollar after a summary of opinions from the Bank of Japan’s September meeting disappointed investors looking for signs that policymakers may be preparing for another move this month.
Pessimism around real estate stocks is so severe as interest rates climb that conditions exist for a dramatic reversal to the benefit of investors with good timing.
Tokyo, Sept. 28 (Jiji Press)--Calls to speed up interest rate hikes were expressed at the Bank of Japan's July 30-31 policy-setting meeting amid rising inflation risks, minutes showed on Monday. According to the minutes, a BOJ Policy Board member said that the risk of waiting could no longer be considered marginal. The member emphasized the need for the central bank to accelerate the pace o...
Property markets in the Asia-Pacific region are likely to remain attractive despite heightened uncertainty over monetary policy after the US Federal Reserve delivered its first interest rate increase in more than three years this month, analysts say, with several asset classes and sectors expected to draw investor interest. “We’ve seen volumes, specifically cross-border volumes in the region, increase by around 30 per cent to date,” said Emily Fell, senior director for living sectors in...
Tokyo, Sept. 18 (Jiji Press)--Bank of Japan Governor Kazuo Ueda said Friday that conditions for the central bank's monetary policy management have changed. "We don't assume a specific pace for further interest rate hikes," he told a press conference after the BOJ's decision earlier in the day to raise the policy interest rate by 0.25 percentage point to around 1.25 pct. It was the first int...