- Switzer Report - https://switzersuperreport.com.au -

The best rates on cash and term deposits

Globally, bond yields are under pressure as economic growth picks up and central banks consider how to unwind, suspend, or reduce quantitative easing (QE) programs that have typically involved on-market purchases of long-term government bonds.

While Australia hasn’t had a QE program, Australian bond yields have also moved higher as we follow the benchmark US market. Over the last month, the benchmark 5-year government bond has risen by 18 basis points (0.18%) to 2.49%, while the 10-year government bond has risen by 0.22% to 2.88%.

5 Year Australian Government Bond Yield - 1/17 to 1/18