Australia sells AUD 150mln in 2035 indexed bonds, b/c 3.97, avg. yield 2.4127%

Australia sells AUD 150mln in 2035 indexed bonds, b/c 3.97, avg. yield 2.4127%.

Australia's sale of AUD 150 million in 2035 indexed bonds at a yield of 2.4127% suggests a steady demand amid a backdrop of rising bond yields globally. This auction outcome may indicate investor confidence in the long-term inflation protection these bonds offer, while also providing insight into government financing strategies. The results could impact how market participants assess duration risk and yield curve expectations moving forward.