40 years of peaks in Australian bond yields

At what stage, during 7 distinct moments over the past 40 years should one have bet that the Australian 2 year bond yield should venture too much further beyond the extremes circled below?

Today, this yield is trading at 3.90%. Most recently, it spent 6 weeks between 4.10% and 4.30%.

See you at the mean reversion?

August 2, 2023

by Rob Zdravevski

rob@karriasset.com.au