{"id":3083,"date":"2023-05-02T04:40:33","date_gmt":"2023-05-02T08:40:33","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/aussie-dollar-bond-yields-surge-after-central-banks-surprise-rate-hike\/"},"modified":"2023-05-02T04:40:34","modified_gmt":"2023-05-02T08:40:34","slug":"aussie-dollar-bond-yields-surge-after-central-banks-surprise-rate-hike","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=3083","title":{"rendered":"Aussie dollar, bond yields surge after central bank&#8217;s surprise rate hike"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0001996121\">\n<div class=\"snippet__body\">\n<p>Australian government bond prices plunged and the country\u2019s currency surged after the central bank surprised markets on Tuesday with another rate hike.<\/p>\n<p>The Reserve Bank of Australia raised its benchmark borrowing costs by 25 basis points to 3.85% after traders had expected no move. <\/p>\n<p>The RBA said inflation, which is running at an annual rate&#8230;\n    <\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/aussie-dollar-bond-yields-surge-after-central-banks-surprise-rate-hike-1a322323?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australian government bond prices plunged and the country\u2019s currency surged after the central bank surprised markets on Tuesday with another rate hike. The Reserve Bank of Australia raised its benchmark borrowing costs by 25 basis points to 3.85% after traders had expected no move. The RBA said inflation, which is running at an annual rate&#8230; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3084,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-3083","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Aussie dollar, bond yields surge after central bank&#039;s surprise rate hike | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Australian government bond prices plunged and the country\u2019s currency surged after the central bank surprised markets on Tuesday with another rate hike.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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