随着投资者消化最新的采购经理人指数数据,澳大利亚10年期政府债券收益率保持在4.5%以上,徘徊在5月初以来的最高水平附近。10月份的PMI数据显示,经济活动有所改善,主要受服务业的推动,而制造业的收缩速度略快。在货币政策方面,在一份可靠的就业报告发布后,市场目前认为澳大利亚储备银行今年降息的可能性只有20%,第一次宽松政策要到明年5月才能完全消化。在其他地方,由于一系列积极的经济数据,投资者降低了对美联储近期大幅降息的预期,同时在竞争激烈的美国总统大选之前做好了准备。
Australia's 10-year government bond yield held above 4.5%, hovering near its highest level since early May, as investors digested the latest PMI data. October’s flash PMI figures indicated an improvement in economic activity, driven primarily by the services sector, while the manufacturing sector contracted at a slightly faster pace. On the monetary policy front, markets currently see only a 20% chance of a rate cut from the Reserve Bank of Australia this year following a solid jobs report, with the first easing not fully priced in until May next year. Elsewhere, investors have tempered their expectations for significant interest rate cuts by the Federal Reserve in the near term amid a run of positive economic data, while positioning ahead of what appears to be a closely contested US presidential election.