RBA Abandons Yield Target Due To 'Economic Improvement'

Nov 1st 2021 11:40pm EDT

RBA Abandons Yield Target Due To ‘Economic Improvement’ In what many have called the most important event of the week (presumably until Powell unveils the taper), tonight’s Reserve Bank of Australia policy decision – having sat on their hands as short-dated Aussie yields exploded higher in the last two weeks – is likely to ease […]

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