Rate pause gives bonds traders confidence RBA is done

Money markets are upping their bets that the next move on interest rates could be down.

The Reserve Bank of Australia’s decision to keep interest rates on hold this month has emboldened traders and market economists that the central bank’s next move will be a rate cut despite the governor’s warning that the fight against inflation was far from over.

Source: https://www.afr.com/markets/debt-markets/rate-pause-gives-bonds-traders-confidence-rba-is-done-20260616-p6077s