Analysts at the National Australian Bank (NAB) express their take on the Reserve Bank of Australia’s (RBA) other major central banks’ response to the surging yields. Key quotes “While the RBA has pushed back against higher yields through its QE purchases, it’s worth noting that other central banks are seeing the rise in longer-dated yields as a more positive sign.” “Officials from the US Fed and the BoE have said yield moves largely reflect markets pricing in a better economic outlook, with little pushback apart from re-affirming current policy guidance to remain accommodative.” “The ECB has been a little more circumspect. warning that a rise in yields could tighten financial conditions and impede progress on its policy goals.” 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 XRP Price Prediction: Ripple prepares for a 70% upswing FX Street 1 year Analysts at the National Australian Bank (NAB) express their take on the Reserve Bank of Australia's (RBA) other major central banks' response to the surging yields. Key quotes "While the RBA has pushed back against higher yields through its QE purchases, it's worth noting that other central banks are seeing the rise in longer-dated yields as a more positive sign." "Officials from the US Fed and the BoE have said yield moves largely reflect markets pricing in a better economic outlook, with little pushback apart from re-affirming current policy guidance to remain accommodative." "The ECB has been a… 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.
