澳大利亚10年期政府债券收益率升至4.54%左右,达到一个月来的最高水平。在美联储暗示来年降息减少后,美国债券收益率上升,随后国内收益率也随之上升。现在注意力转向即将发布的个人消费支出数据,这是美联储首选的通胀指标,预计将为美国经济前景提供进一步的见解。在国内,投资者仍然相信澳大利亚储备银行将在明年的第一次政策会议上开始降低其4.35%的现金利率。目前的市场定价显示,2月份降息25个基点的可能性为57%。市场参与者现在正在等待澳大利亚储备银行最新会议纪要的发布,以了解连续第九次保持利率稳定的决定的更多背景。
Australia’s 10-year government bond yield rose to around 4.54%, hitting its highest level in a month. Domestic yields followed an increase in US bond yields after the Federal Reserve signaled fewer interest rate cuts in the coming year. Attention now turns to the upcoming release of the PCE data, the Fed's preferred inflation gauge, which is expected to provide further insights into the US economic outlook. Domestically, investors remain confident the Reserve Bank of Australia will start lowering its 4.35% cash rate at its first policy meeting next year. Current market pricing indicates a 57% probability of a 25bps rate cut in February. Market participants now await the release of the RBA’s latest meeting minutes for additional context on the decision to keep rates steady for the ninth consecutive time.