Markets have now priced in 50bps hikes from the RBA in July, August and September with an OCR as high as 3.5% by December.
Yields on Aus bonds surged today in the largest single move since 2009. With mortgage rates soaring from recent lows of around 2% up to 6% in coming months, the Australian housing market could be entering its most severe and shocking downturn in more than a century.
- Forums
- Property
- It's getting scary out there.
Markets have now priced in 50bps hikes from the RBA in July,...
- There are more pages in this discussion • 347 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online