AUD/USD stays pressured towards 0.7350 on firmer yields, risk-aversion By anilpanchal7 AUDUSD YieldCurve RiskAppetite Fed Ukraine
The US 10-year Treasury yields rise to a fresh high since May 2019 while taking the bids near 2.328% level. At home, the Aussie 10-year bond coupons have also rallied to the fresh top since November 2018.
Adding to the bond selling are the statements from the International Monetary Fund’s Asia-Pacific Director Changyong Rhee who said, “The US has the room to raise interest rates.” IMF’s Rhee also mentioned that Asia’s inflation will peak in Q2 of this year.
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