Prepare For A Higher Rate Plateau!

One of the themes which comes through in our household surveys is that many people are under financial pressure, but are holding out for interest rate cuts in the short term. But America’s election outcome continues to reverberate across the globe. Bond markets continue to push higher with the US 2 and 10 year moving up, a trend reflected on the Australian market too. With the 10 year up to 4.7% compared with 3.8% in the middle of September. The ASX 30 days cash rate futures is still trending down, but more slowly than recently. Financial markets and economists have […]