Australia’s bond market curve is flattest in nearly nine years. The spread between the 10- and two-year yields has narrowed by more than 15 basis points this month. Australia’s bond market yield curve has hit its flattest level in nearly nine years this month. The spread between the 10-year and two-year yields currently stands at 18.5 basis points, having hit a low of 13.4 basis points on Aug. 13. That was the lowest level since October 2018. The narrowing or flattening of the yield curve could be associated with heightened recession fears in the domestic and global economy. The US yield curve inverted earlier this month with the 10-year yield falling below the two-year yield. Curve inversions are known to precede recessions in the US. This time, however, it may be different, as the US bond market is distorted by overseas developments, according to Mohamed El-Erian, Economist at Allianz. Also, some observers, including UBS global head of rates strategy, Matthew Johnson, do not foresee a curve inversion in Australia. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next China is not manipulating the Yuan – SCMP FX Street 4 years Australia's bond market curve is flattest in nearly nine years. The spread between the 10- and two-year yields has narrowed by more than 15 basis points this month. Australia's bond market yield curve has hit its flattest level in nearly nine years this month. The spread between the 10-year and two-year yields currently stands at 18.5 basis points, having hit a low of 13.4 basis points on Aug. 13. That was the lowest level since October 2018. The narrowing or flattening of the yield curve could be associated with heightened recession fears in the domestic and global economy. The US… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
