BlockBeats message, on September 11, as the escalation of the Middle East situation pushed up oil prices, U.S. Treasury bonds suffered a sharp overnight drop, followed by a decline in Australian Treasury bonds.
Australia’s 3-year government bond yield surged by as much as 18 basis points to 5.03%, while its 10-year government bond yield jumped by 13 basis points to 5.38%, with both reaching the highest levels since May 2011.
Australia’s 3-year government bond yield surged by as much as 18 basis points to 5.03%, while its 10-year government bond yield jumped by 13 basis points to 5.38%, with both reaching the highest levels since May 2011.