Demand at an Australian three-year bond auction surged to the highest since 2018 as traders bet the nation’s central bank is nearing the end if its interest-rate hike cycle.
Australia’s Three-Year Bond Sale Sees Highest Demand Since 2018
Demand at an Australian three-year bond auction surged to the highest since 2018 as traders bet the nation’s central bank is nearing the end if its interest-rate hike cycle.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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