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Trade war, RBA send yields to record low

Slowing economic growth, trade war concerns and a global central bank rate cut cycle have pushed Australian bond yields to record lows with no sign of easing in sight.

On Monday, the Australian 10-year bond yield was sitting at 1.085 although it is likely to fall further after the Chinese yuan fell below the critical 7-per-US dollar level, causing a widespread panic across markets.

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William McInnes was a markets reporter for The Australian Financial Review. Connect with William on Twitter. Email William at w.mcinnes@afr.com.au

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    Original URL: https://www.afr.com/markets/debt-markets/trade-war-rba-send-yields-to-record-low-20190805-p52dup