The banks response to APRA is to reduce discounts on variable rates. Will they reduce discounts on fixed rates too ?
And O/S bond yields look like they are rising - is that likely to increase fixed rates here ?
It looks to me as though fixed rates have bottomed & the only way from here is up..... it's just a case of When ?
And O/S bond yields look like they are rising - is that likely to increase fixed rates here ?
It looks to me as though fixed rates have bottomed & the only way from here is up..... it's just a case of When ?