Traders Bet on RBA Pause With Rise in Curve-Steepening Trades
Australia’s weak employment report has sparked an increase in curve-steepening trades as investors bet the central bank is nearing the end of its interest-rate hiking cycle, according to traders.
By David Finnerty · Bloomberg Markets
Australia’s weak employment report has sparked an increase in curve-steepening trades as investors bet the central bank is nearing the end of its interest-rate hiking cycle, according to traders.