# Is the Australian dollar carry trade back? - MacroBusiness

> Credit Suisse notes that Australian real bond yields have held flat while US real yields fell sharply into negative territory, narrowing the real 10-year yield differential to -0.1% from -0.4% in late July. The shift favours the Australian dollar against the US dollar.

- Date: 2019-08-30 · published 2019-08-30T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/57839-is-the-australian-dollar-carry-trade-back-macrobusiness
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A narrower yield gap supporting the AUD makes Australian exports pricier for dollar buyers, a mild offset to commodity demand from the US.

## Read by commodity

- AUDUSD: bullish ▲

## Sources

- macrobusiness.com.au: https://www.macrobusiness.com.au/2019/08/is-the-australian-dollar-carry-trade-back/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.