Bond yields rise on no rate cut decision

07 May 2019

 

The May board meeting of the RBA is historically one of the four months of the year in which the likelihood of a rate change is highest. February, May, August and November happen to be the four months of the year in which previous rate changes have typically occurred. At this latest board meeting, the RBA decided to leave Australia’s overnight cash rate unchanged at 1.50%. For most, if not...

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