Source : RBA The above chart shows the Australian Government Bond Yield curve the day after each of the RBA’s interest rate increases this year (i.e. 4 March, 8 April, and 6 May), the end of the financial year and through to last Friday. Since 8 April the yield curve has continued to flatten suggesting …
Daily Archive: August 23, 2010
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Aug 23
Interesting Market Stat from Paul Krugman
The link to his blog is here…anyway…the stat is… One thing you sometimes hear is that the game will be up when the ratings agencies downgrade U.S. debt. I wonder how many of the people saying this know that Moody’s and S&P downgraded Japanese debt in 2002, with Moody’s actually putting it below Botswana and …
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