Federal election 2022: Debt costs spike as inflation prompts bond market shakeout - The Australian Financial Review
3/28/2022 12:00:00 AM3 years 1 month ago
by Ronald Mizen, Cecile Lefort
by Ronald Mizen, Cecile Lefort
Three-year Australian government bond yields hit 2.4 per cent on Monday, the highest level in eight years.
New debt would need to be issued in line with a new higher level of interest rates that are being set around the world, he said. The interest bill on Australian government debt was forecast to be $1… [+4815 chars]
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