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.
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2 matching records found
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.
Gold held a two-day decline after a Federal Reserve official signaled one more interest-rate hike may be needed this year, but further tightening won’t be necessary in 2027, improving sentiment toward the precious metal.
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