BROADCASTS.com

b'Tuesday 23rd February 2021Australian 10 year bond yields have nudged 1.65 percent for the first time since May 2019. NAB\\u2019s Rodrigo Catril says the market was clearly disappointed by the RBA\\u2019s resolve to deal with the sharp rise in yields. Meanwhile, US Treasury yields have also been on a roller coaster. It\\u2019s been the same situation in Europe, although the yields have dropped back now. The COVID bounce back story continues to push commodities higher too, which is why we\\u2019re seeing the Aussie dollar edging even closer to the 80 US cent mark. The pound has also had a strong session, in part perhaps because of Boris Johnson\\u2019s lockdown escape route, although his chosen path is very slow and cautious.

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