I continue to monitor the 10 year government bond yields of three countries (Australia, United Kingdom and the United States) to try and understand when interest rates on savings and mortgages may start to rise with my datasets shown in today’s chart.
Since February the yields in Australia have risen from 5.49% to 5.67%. This is not surprising given that the Reserve Bank of Australia (RBA) is raising rates. The US yields have also risen from 3.59% to 3.69%. In contrast the UK yields have however started to fall again going from 4.03% in February to 3.95% today.
As always DYOR.
- All yields are month end except February which is 19 March 2010