Mayhem global bonds - forget lower for longer

G'day From Down Under - 2 Year Continues Surging

Australia's 2 year yield went from 0.12% on Tuesday, to a panic move close at 0.48% yesterday, which has now been extended to trading at 0.62%.

Second chart shows the Aussie 2 year vs UK 2 year for some context of the latest brutal move in the Australian 2 year.