AUS 10Y Yield Hovers at 4-Week Low

2026-02-23 02:36 By Kyrie Dichosa 1 min. read

Australia’s 10-year government bond yield traded around 4.71%, languishing at a four-week low, as markets weighed risks from renewed tariff tensions.

US President Donald Trump announced that global tariffs will rise from 10% to 15% after the Supreme Court struck down much of his earlier trade measures.

Australian Trade Minister Don Farrell said Sunday he is coordinating with the Washington embassy to assess the impact and explore all options.

Limiting further declines, a hawkish RBA outlook was supported by recent strong jobs data and elevated Q4 wage growth, reinforcing the central bank’s view that the economy can absorb tighter policy without layoffs and signaling ongoing labor-market tightness and sustained inflation pressures.

This follows the RBA’s rate hike earlier this month.

Investors are now focusing on January inflation data, which is expected to further support rate-hike prospects.



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