# $A set to fall as Australia-US 10-year bond spread hits low

> The extra yield on Australian 10-year bonds over US equivalents has narrowed to almost nothing. Economists are looking for signs that the Australian dollar, which has been resilient, may weaken.

- Date: 2017-05-28 · published 2017-05-28T12:00:00.000Z
- Category: macro · region Australia · magnitude low
- Page: https://feedsoft.ai/events/71259-a-set-to-fall-as-australia-us-10-year-bond-spread-hits-low
- Commodities: [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

The narrowing yield spread has historically driven the Aussie, so a further narrowing points to downside for AUDUSD and weaker Australian export currency support.

## Read by commodity

- AUDUSD: bearish ▼

## Sources

- afr.com: https://www.afr.com/markets/equity-markets/a-set-to-fall-as-australiaus-10year-bond-spread-hits-low-20170528-gwevc7

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