Blog Post 7 | 21st April 2015
Even more signals for lower interest rates
The spread on 3 year Commonwealth Government Securities (CGS) and 2 year CGS has widened to 5 basis points; 1.82 per cent and 1.87 percent respectively as at 20th April 2015. This indicates that fund managers prefer 3 year bonds to 2 year bonds as they foresee the cash rate being lower for longer on the back of Australian economic conditions continuing to deteriorate.
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Australian Debt Clock.com.au
Australian Debt Clock is dedicated to informing the public of our nations trending debt levels. These debt levels are given in isolation of a vast amount of economic data and information that this website does not explore, and therefore should not be used as a sole point of reference.
Australian Debt Clock seeks to create awareness around an economic issue that has many dimensions. This website only explores the aggregating levels of debt amongst the different sectors of the Australian economy, and seeks to remain unbiased of the positive and negative economic implications. Rather, this website will pursue presenting impartial information that will serve as a point of reference for users.
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