Australia, NZ dollars steady above lows; bonds get some relief
SYDNEY: The Australian and New Zealand dollars found a sliver of support on Friday as a sharp fall in Treasury yields restrained the greenback while boosting bonds, though both currencies remained precariously poised near multi-month lows. The rare rally in U...
SYDNEY: The Australian and New Zealand dollars found a sliver of support on Friday as a sharp fall in Treasury yields restrained the greenback while boosting bonds, though both currencies remained precariously poised near multi-month lows. The rare rally in US debt pulled their yields down from a 24-year peak and came as a relief to markets globally after weeks of heavy selling. Australian 10-year yields fell 6 basi...