CommSec’s Tom Piotrowski says there have been falls in both long- and short-term interest rates.
“Down by about 5 basis points where a two-year treasury note was concerned,” Mr Piotrowski told Sky News Australia.
“6 basis points where a ten-year note was concerned … pretty decent falls where interest rates are concerned.”
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australian support for net zero falls after a $20 per month hike on billsSky News host Amanda Stoker says Australian support for net zero has fallen into the negative after being asked to pay $20 extra a month in energy bills.
Read more »
Josh didn't black out when he hit his head. Weeks later, he got worriedGymnast Josh was training for 14 hours a week until two bad falls set him off course. After the teen suffered debilitating brain fog, dizziness and trouble focusing, his mother says getting the right concussion diagnosis and treatment was a 'gruelling' process.
Read more »
Banks raise rates faster than the RBA as they claw back marginsMortgage rates for new customers of the big banks are up 0.32 percentage points more than the central bank’s official rate rises this year, new data shows.
Read more »
Major bank’s double blow to borrowers days out from rates decisionOne of Australia’s biggest banks has increased its fixed rates for borrowers for the second time in just over a week. 7NEWS
Read more »
Big four banks hike fixed rates as funding costs riseBefore a key Reserve Bank meeting this week, Australia’s biggest banks have been pushing up their fixed rates and walking away from the ultra-competitive approach they took to attract customers to this type of mortgage during the pandemic.
Read more »
Big four banks hike fixed rates as funding costs riseAn increase in funding costs has led to banks raising their fixed rates as they walk away from the ultra-competitive rates offered during the pandemic.
Read more »