Hospital Pass: Josh Frydenberg and the Coalition as, ahem, superior economic managers – Michael West
two year government bonds had dived from 1.842 per cent to 1.444 per
cent in less than three months. Five year bonds were even worse, down
from 1.967 per cent to 1.434 per cent – a shocker, an interest rate
nose-dive which augured ominously for the economy.Worse again; the yield on the five year bonds had been less than the two years bonds, and this had been going on for ten days.