Are you sure you want to change languages?
The page you are visiting uses a different locale than your saved profile. Do you want to change your locale?
COVID-19 anxiety and a potential oil price war have contributed to increased volatility in global markets. Fixed income markets have not been immune, for example the 10-Year Australian government bond yield has seen an increase in its intraday volatility. On 13 March 2020, the 10-Year Australian government bond yield reached a high of 1.08% and a low of 0.78%, meaning that the yield moved within an intraday range of 0.30%.1 As the chart below displays, prior to the COVID-19 crisis, the intraday range was on average 0.04% and between 0.01% and 0.07%.2