The author has been described by News Ltd as an "iconoclast", "Svengali", a pollie's "economist muse", and "pungently accurate". Fairfax says he is a "Renaissance man" and "one of Australia’s most respected analysts." Stephen Koukoulas concludes that he is "85% right", and "would make a great Opposition leader." Terry McCrann claims the author thinks "‘nuance’ is a trendy village in the south of France", but can be "scintillating" when he thinks "clearly". The ACTU reckons he’s "an enigma wrapped in a Bloomberg terminal, wrapped in some apparently well-honed abs."

Friday, August 17, 2012

Aussie 3 year government bond yields up 100 basis points

There has been a massive increase in Aussie government bond yields since their recent highs in late July and the prior peak at the back end of May. Based on the 3 year government bond futures contract, yields are up about a full percentage point...This chart shows 3 year Aussie govt bond futures in price terms (prices down/yields up)...


at 9:19 AM