RBA bought bonds again today, but none of the April 2024

I posted on Friday about the Reserve Bank of Australia’s bond buying timetable each week:

RBA purchases today were in the previously announced 5- to 7-year timeframe, 1.6bn AUD amount. 

The RBA has given up on its 0.1% target for the April ’24 Australian Commonwealth Government Bond. ICYMI last week:

With no RBA intervention the yield skyrocketed:The ‘no rate hike until 2024’ promise from the RBA will not last much longer:
I posted on Friday about the Reserve Bank of Australia's bond buying timetable each week:

LEAVE A COMMENT

Your email address will not be published. Required fields are marked *