Further comments are flowing in from the Reserve Bank of Australia (RBA) Governor Lowe, as he continues to speak at the post-emergency monetary policy meeting held earlier today at 0330 GMT.
Nothing is off the table with policy.
Level of 10-year bond yields is not a problem as yet.
Expects bond yields across term structure will decline.
Feel have done enough for now.
Will do whatever is necessary to make sure credit is available.
Will not sterilise purchases of govt bonds.
Do not know how much bonds will have to buy to reach target.
Settlement balances at RBA will rise to well above A$100 bln.
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