周四，澳大利亚10年期政府债券收益率升至4.59%左右，创下四个月来的最高水平，此前劳动力数据出人意料地强劲。澳大利亚经济在4月份增加了89000个工作岗位，大大超过了预期的20000个和3月份向上修正的36400个。与此同时，失业率稳定在4.1%，与预测相符。周三的数据还显示，工资增长强于预期。这些报告表明，澳大利亚的劳动力市场仍然紧张，为澳大利亚储备银行在未来几个月降低利率提供了较小的动力。最近美中贸易紧张局势的缓和缓解了人们对全球经济衰退的担忧，也降低了国内激进货币宽松的必要性。尽管如此，市场预计央行下周将把4.10%的现金利率下调25个基点。
Australia’s 10-year government bond yield rose to around 4.59% on Thursday, marking its highest level in four months, after a surprisingly strong labor reading. The Australian economy added 89,000 jobs in April, significantly surpassing expectations of 20,000 and March’s upwardly revised gains of 36,400. Meanwhile, the unemployment rate held steady at 4.1%, in line with forecasts. Data on Wednesday also showed a stronger-than-expected wage growth. These reports signaled that Australia’s labor market remained tight, providing the Reserve Bank of Australia with lesser impetus to lower interest rates in the coming months. The recent easing of trade tensions between the US and China, which alleviated concerns about a global recession, also reduced the need for aggressive monetary easing at home. Still, markets expect the central bank will cut its 4.10% cash rate by 25bps next week.
