# Aussie dollar sidelined as bonds boosted | SBS News

> The Australian dollar held in a tight range near 69.2 US cents while government bonds rallied to record lows on weak global data and trade-dispute worries. A new 2031 government bond sold at a record-low coupon of 1.5%, and markets fully priced further rate cuts.

- Date: 2019-05-29 · published 2019-05-29T12:00:00.000Z
- Category: market · region Australia · magnitude low
- Page: https://feedsoft.ai/events/59350-aussie-dollar-sidelined-as-bonds-boosted-sbs-news
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

Expectations of more RBA easing and a stalled AUD keep the currency under pressure, while falling yields signal weaker growth expectations for Australia's commodity-linked economy.

## Read by commodity

- AUDUSD: neutral

## Sources

- sbs.com.au: https://www.sbs.com.au/news/article/aussie-dollar-sidelined-as-bonds-boosted/leo631w7n

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