Australia 10Y Bond Yield Edges Lower

2025-10-24 03:04 By Judith Sib-at 1 min. read

Australia’s 10-year bond yield traded around 4.18%, with investors turning their attention to the third-quarter inflation data, due later this week, for clearer signals on the Reserve Bank’s next policy move.

Markets are currently pricing in about a 60% probability that the RBA will cut its cash rate in November, following a recent weaker-than-expected jobs report.

In the latest economic updates, business activity in Australia expanded in October, driven mainly by solid growth in the services sector, while manufacturing output contracted after three consecutive months of expansion.

Meanwhile, risk sentiment improved after a breakthrough between US President Donald Trump and Australian Prime Minister Anthony Albanese, who signed a critical minerals pact aimed at reducing reliance on China and potentially channeling billions of dollars into local mining projects.



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