23 June – 27 June 2025

Summary: .

On 27 June 2025, the Australian government bond market posted modest gains, reflecting a mix of global uncertainty and domestic economic signals. The Bloomberg AusBond Composite 0+ Yr Index rose 0.16%, indicating a slight uptick in bond prices. The benchmark 10-year bond yields increased to 4.17%, up 4 basis points from the previous session. The 3-year bonds edged up to 3.27%, while 30-year bonds held steady at 4.83%. The short-term 3-month bank bills dropped 15 basis points to 3.73%.

Figure 1: Aust. 10 yr minus 3 yr Bond Spread

Figure 2: Australian & US Bond Yields  

Figure 3: US 10 yr minus 2 yr Bond Spread