The yield on the Australian 10-year government bond yield fell to a 4-week low of 3.55%, as fears of a possible global recession led investors to flock to safe government bonds ahead of tomorrow’s domestic monetary policy decision. The RBA hiked the key interest rate, or cash rate in May and June by a total 75 bps to 0.85%, after having held rates near historic lows. Markets expect a 50 bps hike in cash rate this month, with RBA governor pushing back against an outsized 75 basis-point move amid signs of consumer fatigue. Weekly card spending data from Australia’s major banks slowed in June after months of upbeat growth while private consumer surveys also indicated a pull-back in spending.

Historically, the Australia Government Bond 10Y reached an all time high of 16.50 in August of 1982. Australia Government Bond 10Y - data, forecasts, historical chart - was last updated on July of 2022.

The Australia Government Bond 10Y is expected to trade at 3.71 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 4.10 in 12 months time.

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Australia Government Bond 10Y


Bonds Yield Day Month Year
Australia 10Y 3.56 0.033% 0.085% 2.171%
Australia 52W 2.40 0.074% 0.242% 2.388%
Australia 20Y 3.82 -0.024% 0.020% 1.808%
Australia 2Y 2.79 -0.009% -0.080% 2.702%
Australia 30Y 3.81 -0.024% 0.022% 1.636%
Australia 3Y 3.06 -0.028% -0.047% 2.642%
Australia 5Y 3.25 -0.031% -0.023% 2.446%
Australia 7Y 3.44 -0.030% 0.040% 2.358%


Australia Government Bond 10Y
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
3.56 3.53 16.50 0.56 1969 - 2022 percent Daily