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1y1y Offers A Play On A Dovish Shift From The RBA

AUSSIE SWAPS

With terminal rate pricing pushing substantially higher since the RBA’s hawkish shift at the February policy meeting, notwithstanding the more recent move from 4.35% to 4.14%, it is not surprising that the 3/10 cash curve has flattened.


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With terminal rate pricing pushing substantially higher since the RBA’s hawkish shift at the February policy meeting, notwithstanding the more recent move from 4.35% to 4.14%, it is not surprising that the 3/10 cash curve has flattened.


Keep reading...Show less