US President-elect Trump's proposed policies may trigger a further upside movement on longer-term US Treasury yields.
A break above the 4.49% on the US Treasury yield may see a further potential rally towards 5.20%.
A further reduction of the 2-year and 10-year yield spread between the Australian government sovereign bonds and US Treasuries may put further downside pressure on the AUD/USD.
08-11-2024 05:55 GMT
by Kelvin Wong
