Australia’s 10-year government bond yield rose to around 4.51% following two consecutive sessions of declines. The rebound in domestic yields mirrored an uptick in U.S. bond yields as investors weighed President Donald Trump’s tariff plans. Domestically, the easing of core inflation in November and strong jobs data for December have fueled expectations for a potential rate cut by the Reserve Bank of Australia. Markets are currently pricing in a 78% probability of a 25bps rate reduction at the central bank’s first meeting of the year in February. Investors now await the fourth-quarter inflation data due next week, which is expected to provide further insights into the RBA’s next policy move.
Australia 10Y Bond Yield was 4.53 percent on Wednesday January 22, 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 January 22 of 2025.
Australia 10Y Bond Yield was 4.53 percent on Wednesday January 22, 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 4.34 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 4.11 in 12 months time.