
China bouncing back, BoE holding back, Treasuries kick higher
NAB Morning Call
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Australia's GDP Growth Rate Comes in at 2.7% Year on Year From Q4
The GDP growth rate came in at 2.7% year on year from Q4, down from 5.9%. And yeah, Aussie bond yields, this is we are one of the few places in the world where they actually came down overnight. But having said that, you know, I think Sally sort of cautioned yesterday about looking at the absolute level of activity in Australia,. It's just that we are starting to see a little bit of slowing.
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