Australian unemployment rose to a four-year high in September, sending bond yields sharply lower and boosting market expectations for a Reserve Bank of Australia rate cut next month.
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Australian Unemployment Hits Four-Year High, Bond Yields Plunge—Rate Cut Odds Rise for Next Month (Update)
Australian unemployment rose to a four-year high in September, sending government bond yields sharply lower and boosting market expectations for a Reserve Bank of Australia rate cut next month.