Australia Central Bank Refuses to Buy Country’s Own Bonds – Financial Shockwaves Expected Across the Globe
This is not a crypto coin, it is not a SPAC, it is not a meme stock. It is the chart of the Australian 2 yr government bond yield. pic.twitter.com/unAN6QLgeU— Peter Boockvar (@pboockvar) October 29, 2021
“To a central bank which is guiding rates unchanged until 2024 and targeting the April 2024 bond at 10 bps, it must be like watching a horror movie.”
https://newsfilter.io/articles/update-1-australias-central-bank-declines-to-buy-target-bond-even-as-yield-spikes-2cf5d5c2dedc11201dd08b3ad0bd8e79