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Markets · Rates & Bonds

Rates & Bonds

The cost of money, here and abroad — the US Treasury curve, Australian yields and the spreads that drive the dollar.

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US 2s10s curve

10Y minus 2Y Treasury — the classic recession gauge.

AU – US 10Y spread

ACGB 10Y (monthly avg) minus UST 10Y (daily) — the carry signal for the Aussie dollar.

US 10Y breakeven

Nominal minus real (TIPS) — the bond market's decade-ahead inflation pricing.

United States — Treasury curve

TenorYieldChgAs at

Australia

TenorYieldChgAs at

Changes are vs the previous observation — 1 business day for daily series, month-over-month for the AU 10Y (a monthly average). Sources: FRED (US Treasury constant-maturity & TIPS, ACGB 10Y), RBA (cash rate). Educational/research only — not advice.