Aussie Faces Headwinds as Global Bond Selloff Narrows Yield Edge

The Australian dollar is coming under renewed pressure as the yield advantage it holds over US assets wanes and investors brace for a possible escalation to hostilities in the Middle...

By Matthew Burgess · Bloomberg Markets

The Australian dollar is coming under renewed pressure as the yield advantage it holds over US assets wanes and investors brace for a possible escalation to hostilities in the Middle East.