| Close | Previous Close | Change | |
|---|---|---|---|
| Australian 3-year bond (%) | 3.778 | 3.757 | 0.021 |
| Australian 10-year bond (%) | 4.431 | 4.393 | 0.038 |
| Australian 30-year bond (%) | 4.958 | 4.947 | 0.011 |
| United States 2-year bond (%) | 4.214 | 4.251 | -0.037 |
| United States 10-year bond (%) | 4.513 | 4.553 | -0.040 |
| United States 30-year bond (%) | 4.748 | 4.7836 | -0.036 |
* Implied yields from March 2025 futures. As at 04 February.
LOCAL BOND MARKETS
Australian bond markets have shown mixed movements recently, with shorter- and mid-term yields slightly higher, while longer-term yields have softened. The 10-year government bond yield rose by 1.3 basis points to 4.393%, reflecting some investor concern over ongoing economic uncertainties. In contrast, the 30-year bond yield dropped 0.7 basis points to 4.947%, signaling a slight flattening of the yield curve at the long end.
US MARKETS
The yield on the 10-year US Treasury note trimmed earlier gains but held above the 4.55% mark on Tuesday, holding the recovery from the over-one-month low touched
last session as the postponement of tariffs from US President Trump drove markets to unwind safety bets.
