RBA Boosts Defense of Yield Target With A$3 Billion Purchase By Bloomberg
(Bloomberg) -- Australia’s central bank dived back into the market for three-year bonds for a second time this week as bets on a new commodities supercycle and global inflation push yields above its target. The yield edged closer to the 0.1% target after the Reserve Bank of Australia announced on Thursday that it would buy A$3 billion ($2.4 billion) of securities maturing April...
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