Australia’s 10-year government bond yield fell to around 4.72%, hitting its lowest level in four weeks, following a recent decline in US bond yields amid expectations of a more accommodative Federal Reserve. Still, further losses were limited by the Reserve Bank of Australia’s recent rate hikes and reaffirmed hawkish stance. Governor Michele Bullock told parliament the central bank is prepared to tighten policy further if price pressures persist, describing inflation “with a three in front of it” as unacceptable. The RBA expects both headline and core inflation to remain above target this year. Her remarks echoed those of Deputy Governor Andrew Hauser, who warned that inflation remains elevated and continues to present a significant challenge for policymakers. Markets now await the RBA minutes due on Tuesday, which could provide insights into how hawkish members were. Investors are also eyeing Q4 wage data and January labor market figures later this week.

The yield on Australia 10Y Bond Yield eased to 4.72% on February 16, 2026, marking a 0.03 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.01 points, though it remains 0.27 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Australia 10-Year Government Bond Yield reached an all time high of 16.50 in August of 1982. Australia 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on February 16 of 2026.

The yield on Australia 10Y Bond Yield eased to 4.72% on February 16, 2026, marking a 0.03 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.01 points, though it remains 0.27 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The Australia 10-Year Government Bond Yield is expected to trade at 4.72 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.49 in 12 months time.



Bonds Yield Day Month Year Date
Australia 10Y 4.72 -0.038% -0.012% 0.267% Feb/16
Australia 52W 4.18 -0.007% 0.246% 0.262% Feb/16
Australia 20Y 5.15 -0.032% -0.051% 0.214% Feb/16
Australia 2Y 4.22 -0.014% 0.172% 0.356% Feb/16
Australia 30Y 5.21 -0.031% -0.050% 0.233% Feb/16
Australia 3Y 4.25 -0.019% 0.148% 0.391% Feb/16
Australia 5Y 4.34 -0.020% 0.073% 0.360% Feb/16
Australia 7Y 4.52 -0.029% 0.026% 0.289% Feb/16



Related Last Previous Unit Reference
Australia Inflation Rate 3.80 3.40 percent Dec 2025
Australia Interest Rate 3.85 3.60 percent Feb 2026
Australia Unemployment Rate 4.10 4.30 percent Dec 2025

Australia 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
4.72 4.75 16.50 0.56 1969 - 2026 percent Daily

News Stream
Australia 10-Year Yield Hits 4-Week Low
Australia’s 10-year government bond yield fell to around 4.72%, hitting its lowest level in four weeks, following a recent decline in US bond yields amid expectations of a more accommodative Federal Reserve. Still, further losses were limited by the Reserve Bank of Australia’s recent rate hikes and reaffirmed hawkish stance. Governor Michele Bullock told parliament the central bank is prepared to tighten policy further if price pressures persist, describing inflation “with a three in front of it” as unacceptable. The RBA expects both headline and core inflation to remain above target this year. Her remarks echoed those of Deputy Governor Andrew Hauser, who warned that inflation remains elevated and continues to present a significant challenge for policymakers. Markets now await the RBA minutes due on Tuesday, which could provide insights into how hawkish members were. Investors are also eyeing Q4 wage data and January labor market figures later this week.
2026-02-16
Australia 10Y Bond Yield Hits 4-week Low
Australia 10 Year Government Bond Yield decreased to 4.72%, the lowest since January 2026. Over the past 4 weeks, Australia 10Y Bond Yield gained 1.20 basis points, and in the last 12 months, it increased 26.50 basis points.
2026-02-16
Australia 10Y Yield Holds at 3-Week Lows
Australia’s 10-year government bond yield hovered around 4.74%, near its lowest level in over three weeks, even as the RBA reaffirmed its hawkish stance. Governor Michele Bullock, speaking before parliament, said the central bank is prepared to tighten policy further if price pressures persist, saying that inflation “with a three in front of it” is unacceptable. The RBA projects both headline and core inflation to remain above target this year. Bullock’s remarks echoed those of Deputy Governor Andrew Hauser, who earlier warned that inflation remains too high and continues to pose a major challenge for policymakers. Latest data also showed consumer inflation expectations rose to an eight-month high of 5% in February, adding to the case for a hike. The RBA raised its cash rate to 3.85% last week, becoming the first major central bank to resume tightening this year. Traders are now pricing in an 80% probability of a follow-up hike in May and a 60% chance of a third move later this year.
2026-02-12