Actual
4.9870
Daily Change
0.0200
Monthly
0.09%
Yearly
0.76%
Q3 Forecast
4.9492
Australia 10-Year Government Bond Yield - Summary

Australia’s 10-year government bond yield traded above 4.9%, remaining near multi-week highs as the Reserve Bank’s latest comments reinforced a hawkish policy stance. RBA Assistant Governor Christopher Kent said earlier rate increases were working as intended, with tighter monetary conditions weighing on consumer spending and broader economic activity. He noted that housing credit growth had slowed, with a noticeable decline in new home lending, and financial conditions overall remained somewhat restrictive. The central bank kept its cash rate at 4.35% this week after raising it by 75 basis points since February. However, Governor Michele Bullock said policymakers remained concerned that inflation may not cool as hoped and were prepared to raise rates again if needed. Markets priced around a 54% chance of a hike to 4.60% by December, likely marking the end of the tightening cycle. Attention now turns to Governor Michele Bullock, who is due to testify before parliament on Friday.

Australia 10-Year Government Bond Yield - Stats

The yield on Australia 10Y Bond Yield rose to 4.99% on August 14, 2026, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.09 points and is 0.76 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 August 15 of 2026.

Australia 10-Year Government Bond Yield - Forecast

The yield on Australia 10Y Bond Yield rose to 4.99% on August 14, 2026, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.09 points and is 0.76 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 4.95 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 4.75 in 12 months time.



Bonds Yield Day Month Year Date
Australia 10Y 4.99 0.020% 0.085% 0.757% Aug/14
Australia 52W 4.60 0.032% 0.061% 1.245% Aug/14
Australia 20Y 5.45 0.011% 0.091% 0.582% Aug/14
Australia 2Y 4.58 0.039% 0.069% 1.275% Aug/14
Australia 30Y 5.54 0.007% 0.086% 0.566% Aug/14
Australia 3Y 4.55 0.041% 0.060% 1.226% Aug/14
Australia 5Y 4.62 0.041% 0.070% 1.097% Aug/14
Australia 7Y 4.77 0.035% 0.077% 0.920% Aug/14



Related Last Previous Unit Reference
Australia Inflation Rate 3.80 4.00 percent Jun 2026
Australia Interest Rate 4.35 4.35 percent Aug 2026
Australia Unemployment Rate 4.40 4.40 percent Jun 2026

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
4.99 4.97 16.50 0.56 1969 - 2026 percent Daily

News Stream
AUS 10Y Yield Trades Near Multi-Week Highs
Australia’s 10-year government bond yield traded above 4.9%, remaining near multi-week highs as the Reserve Bank’s latest comments reinforced a hawkish policy stance. RBA Assistant Governor Christopher Kent said earlier rate increases were working as intended, with tighter monetary conditions weighing on consumer spending and broader economic activity. He noted that housing credit growth had slowed, with a noticeable decline in new home lending, and financial conditions overall remained somewhat restrictive. The central bank kept its cash rate at 4.35% this week after raising it by 75 basis points since February. However, Governor Michele Bullock said policymakers remained concerned that inflation may not cool as hoped and were prepared to raise rates again if needed. Markets priced around a 54% chance of a hike to 4.60% by December, likely marking the end of the tightening cycle. Attention now turns to Governor Michele Bullock, who is due to testify before parliament on Friday.
2026-08-13
Australia 10Y Yield Rises Above 5%
Australia’s 10-year government bond yield rose above 5%, moving back toward multi-week highs after the Reserve Bank kept its cash rate unchanged at 4.35% for a second consecutive meeting, as widely expected. The unanimous decision came as the central bank said the economy was slowing as expected under tighter financial conditions, while keeping the option of another rate hike if upside inflation risks materialize. Markets had also expected rates to remain unchanged after second-quarter inflation came in below forecasts and the housing market weakened more than policymakers had anticipated. The RBA has already raised rates three times this year, as stubborn inflation and higher energy costs continued to weigh on the outlook. Markets now price around a 40% chance of another hike this year, down from 50% before the decision. Attention now turns to Governor Michele Bullock, who is due to testify before parliament on Friday, while Assistant Governor Chris Kent is scheduled on Thursday.
2026-08-11
AUS 10Y Yield Holds as RBA Decision Looms
Australia’s 10-year government bond yield held above 4.9%, staying near multi-week highs as investors looked ahead to the Reserve Bank of Australia’s monetary policy decision on Tuesday. The central bank is widely expected to keep its cash rate unchanged at 4.35% for a second straight meeting, although policymakers are expected to maintain a hawkish stance as inflation remains elevated. Markets are pricing around a 50% probability of another 25-basis-point rate hike by year-end, while traders will closely watch the RBA’s updated forecasts and Governor Michele Bullock’s comments for clues on the future policy path. Elsewhere, persistent uncertainty over efforts to reopen the Strait of Hormuz drove oil prices higher and fueled concerns over elevated inflation. Iran said talks with Oman on a shipping route through the strait were nearing an agreement, but stressed that the waterway would not reopen immediately, while Tehran also rejected direct talks with the US for now.
2026-08-10