Interest Rates. Where from here? Have bond traders got it wrong?

Episode 24,   Jun 29, 2022, 02:52 AM

Alan Oster, National Australia Banks Chief Economist and Burgernomics host Ross MacDowell candidly discuss whether future interest rates can be predicted by bond yields. Bonds usually put most people to sleep. This discussion won’t!

Alan Oster, National Australia Banks Chief Economist and Burgernomics host Ross MacDowell candidly discuss whether bond traders are interest rate clairvoyants. Bonds usually put most people to sleep. This discussion won’t!
Australian’s pay hundreds of thousands of dollars in interest on their mortgages. What if there was a way to predict future interest rate rises? If the Reserve Bank sets Australian interest rates, is it possible for a mysterious group of bond traders to influence the RBA and therefore Australia’s economy? Concrete examples are given as to the accuracy of bond yields and interest rates, including mortgage rates.