Australia’s 10-year government bond yield held its recent decline to around 4.8%, staying near a three-month low as markets widely expect the Reserve Bank will hold policy rates next week. A series of softer economic releases, from GDP to housing prices, reinforced signs that the central bank’s three rate hikes earlier this year began to filter through the economy. Market pricing now ruled out a move at the June 16 meeting, while expectations for an August rate hike have eased sharply to around 35%, down from more than 80% a month ago. The May CPI report due on June 24, will be pivotal after an unexpectedly soft April inflation reading, as policymakers look for clearer evidence that price pressures remain strong. Meanwhile, growing optimism over an imminent US–Iran peace deal eased concerns about persistent inflation, after US President Donald Trump said an agreement could be reached as early as this weekend following his decision to postpone planned strikes on Iran.

The yield on Australia 10Y Bond Yield eased to 4.79% on June 12, 2026, marking a 0.04 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.28 points, though it remains 0.63 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 June 12 of 2026.

The yield on Australia 10Y Bond Yield eased to 4.79% on June 12, 2026, marking a 0.04 percentage points decrease from the previous session. Over the past month, the yield has fallen by 0.28 points, though it remains 0.63 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 4.92 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 4.70 in 12 months time.



Bonds Yield Day Month Year Date
Australia 10Y 4.79 -0.002% -0.280% 0.630% Jun/12
Australia 52W 4.53 0.012% -0.215% 1.117% Jun/12
Australia 20Y 5.27 -0.068% -0.190% 0.508% Jun/12
Australia 2Y 4.45 -0.034% -0.304% 1.194% Jun/12
Australia 30Y 5.35 -0.060% -0.159% 0.486% Jun/12
Australia 3Y 4.39 -0.038% -0.341% 1.100% Jun/12
Australia 5Y 4.46 -0.027% -0.308% 0.977% Jun/12
Australia 7Y 4.60 -0.039% -0.299% 0.778% Jun/12



Related Last Previous Unit Reference
Australia Inflation Rate 4.20 4.60 percent Apr 2026
Australia Interest Rate 4.35 4.10 percent May 2026
Australia Unemployment Rate 4.50 4.30 percent Apr 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
4.79 4.83 16.50 0.56 1969 - 2026 percent Daily

News Stream
Australia 10Y Yield Holds at 3-Month Low
Australia’s 10-year government bond yield held its recent decline to around 4.8%, staying near a three-month low as markets widely expect the Reserve Bank will hold policy rates next week. A series of softer economic releases, from GDP to housing prices, reinforced signs that the central bank’s three rate hikes earlier this year began to filter through the economy. Market pricing now ruled out a move at the June 16 meeting, while expectations for an August rate hike have eased sharply to around 35%, down from more than 80% a month ago. The May CPI report due on June 24, will be pivotal after an unexpectedly soft April inflation reading, as policymakers look for clearer evidence that price pressures remain strong. Meanwhile, growing optimism over an imminent US–Iran peace deal eased concerns about persistent inflation, after US President Donald Trump said an agreement could be reached as early as this weekend following his decision to postpone planned strikes on Iran.
2026-06-12
Australia 10Y Bond Yield Hits 14-week Low
Australia 10 Year Government Bond Yield decreased to 4.83%, the lowest since March 2026. Over the past 4 weeks, Australia 10Y Bond Yield lost 20.50 basis points, and in the last 12 months, it increased 58.70 basis points.
2026-06-12
AUS 10Y Yield Retreats from 2-Week High
Australia’s 10-year government bond yield fell below 4.9%, retreating from an over two-week high as risk-off sentiment intensified amid escalating geopolitical tensions and softer expectations for domestic policy tightening. A recent run of softer economic data prompted investors to rule out another rate hike at the Reserve Bank’s upcoming policy decision next week, as three rate hikes earlier this year began to filter through the economy. Economists have also scaled back bets for an August move and now see rates peaking at 4.35%. Still, Governor Michele Bullock reiterated last week that the central bank remains firmly focused on bringing inflation back to target. The upcoming May CPI print on June 24 would provide clear evidence of pass-through to higher prices after a weaker April reading. Meanwhile, hostilities in the Middle East dragged on as the US launched fresh strikes on Iran, casting doubt on a lasting peace deal, which would extend the closure of the crucial Strait of Hormuz.
2026-06-11