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Tag Archives: #economy

Australian bonds slump after U.S. 10-treasury yield hit 7-month high on hopes of Hawkish FED pick

Australian bonds slump after U.S. 10-treasury yield hit 7-month high on hopes of Hawkish FED pick Australian government bonds slumped Thursday after U.S. Treasury yield hit 7-month high of 2.475 percent. Bond prices are tracking a solid development in the U.S. counterpart after hawkish bets cropped up among market participants …

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