AUD Yield Curve Inversion To Remain S/T

Forex News Australian interest rates implied yield curve likely to stay inverted in short term, though could move to less inverted position in medium term, says St. George Bank economist Besa Deda. Notes longer date yields may push higher as Fed eventually hikes, while chance of another RBA hike continues to remain "modest". 3-10 year curve now minus 13 bps.