Every day appears somewhat like Groundhog Day, when reviewing the RBA setting of its targeted cash rate. That’s not to say that there isn’t market volatility in the yield curve and fixed rates and we have certainly witnessed significant volatility in the AUD currency.
So in reviewing the current market conditions and value opportunities, should we become apathetic that for a significant period there won’t be any official interest rate change? We shall answer this rhetoric later on.
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