澳大利亚10年期政府债券收益率跌至4.6%,反映了美联储降息25个基点后美国债券收益率的下降。美联储表示,劳动力市场状况总体上有所缓解,通胀率已接近央行2%的目标,但仍有所上升。在澳大利亚,储备银行周二将利率稳定在4.35%,标志着这一水平的一年,并坚持其不排除任何政策的指导方针。央行指出,潜在通胀率仍然过高,预计要到2026年才能恢复到目标水平。此外,州长米歇尔·布洛克强调,由于持续的价格压力和劳动力市场紧张,有必要暂时维持限制性利率。基于这一立场,澳大利亚储备银行在全球货币宽松周期中继续落后。
Australia's 10-year government bond yield fell toward 4.6%, mirroring a decline in US bond yields after the Federal Reserve cut interest rates by 25 basis points in a widely expected move. The Fed said that labor market conditions have generally eased and inflation has moved closer to the central bank’s 2% target, though it remains somewhat elevated. In Australia, the Reserve Bank held interest rate steady at 4.35% on Tuesday, marking a year at that level, and maintained its guidance on not ruling anything in or out on policy. The central bank noted that underlying inflation remained too high and is not seen to return to target until 2026. Moreover, Governor Michele Bullock emphasized the need to maintain restrictive interest rates for the time being due to ongoing price pressures and a tight labor market. With this stance, the RBA continues to lag behind in the global monetary easing cycle.