ridethepig

Australian yields breaking higher

TVC:AU10Y   Australia Government Bonds 10 YR Yield
=> Here we are seeing global yields breaking higher as widely expected for those following our tradingview ideas and telegram channel
=> Australia's trade surplus helps as a buffer against the yield disadvantage but it is only moderating the AUDUSD decline... the disadvantage is not changing any time soon and we are set for yields to continue breaking higher.
=> Next areas of interest here are at 2.85, 2.94 and finally the 2.98
=> GL all those tracking this one

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.