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Australia Central Bank Refuses to Buy Country’s Own Bonds – Financial Shockwaves Expected Across the Globe

https://www.investmentwatchblog.com/australia-central-bank-refuses-to-buy-countrys-own-bonds-financial-shockwaves-expected-across-the-globe


1,692 posted on 10/30/2021 8:58:10 AM PDT by CheshireTheCat ("Forgetting pain is convenient.Remembering it agonizing.But recovering truth is worth the suffering")
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To: CheshireTheCat

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


1,782 posted on 10/30/2021 2:54:55 PM PDT by numberonepal (WWG1WGA)
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To: CheshireTheCat

“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


1,784 posted on 10/30/2021 3:00:01 PM PDT by numberonepal (WWG1WGA)
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