How much will the Aussie dollar yield to rates?
Jens MeyerMarkets and breaking news editor
Updated
Australia's shrinking yield advantage over the US has stirred the Aussie dollar bears, but the currency is deemed unlikely to plunge hard.
The yield spread between Australian and US 10-year bonds has narrowed to just 18 basis points, and last week even fell to 16 basis points, the lowest in 16 years.
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