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Chart of the week: US Q3 GDP Growth Accelerates to 3.4%, Driven by Resilient Consumer US economic growth accelerated to an annualised 3.4% in Q3, up from 2.2% in Q2 and exceeding consensus expectations of 3.2%. Year-on-year growth moderated slightly to 2.1% from 2.2%. Consumer spending remained the principal growth driver, expanding 3.8% annualised and contributing approximately 2.5 percentage points to GDP growth. Services expenditure increased 4.1%, led by healthcare, restaurants and accommodation, while goods spending rose 3.0%, supported by both durable and nondurable purchases. Broad-based consumption strength underscores the resilience of the US economy despite prevailing economic uncertainties, suggesting continued support for growth and potentially reducing pressure on the Federal Reserve to ease monetary policy. Read more - zurl.co/yj0Xj #USEconomy #USGDP #EconomicGrowth #ConsumerSpending #FederalReserve #FedPolicy #MonetaryPolicy #Macroeconomics #EconomicOutlook #USMarkets #GlobalEconomy #InflationOutlook

Overview of the US Treasuries Market US Treasury Yields Rise as Strong Employment Data Reinforces December Fed Rate Hike Expectations US Treasury yields rose following stronger-than-expected employment data, reinforcing expectations that the Federal Reserve will increase interest rates in December as economic resilience and persistent inflationary pressures continue to shape monetary policy. The US economy added 165,000 jobs in October, significantly exceeding consensus expectations of 59,000. Employment figures for August and September were also revised upwards by a combined 84,000, while unemployment declined to 4.1% from 4.2%. The figures suggest labour market conditions remain robust, particularly across services industries, providing the Federal Reserve with scope to tighten monetary policy without immediately threatening economic growth. Read more: lnkd.in/gHjE2GZ3 #USTreasuries #USBondMarket #TreasuryYields #FederalReserve #FedPolicy #InterestRates #Inflation #EmploymentData #USEconomy #FixedIncome #BondMarkets #MonetaryPolicy #GlobalMarkets #InvestmentStrategy #FinancialMarkets

Overview of the Australian Government Bond Market Australian fixed interest markets rallied sharply in the week ending 6 November 2026, even as the RBA delivered another 25 basis point increase, lifting the cash rate to 4.85%. As with the previous hike in late September, the move appears to have been well anticipated, with yields falling across every maturity as markets treated the decision as confirmation that policy is now close to its ceiling rather than a signal of more tightening to come. The 3-year bond yield dropped 12 basis points to close at 4.72%, trading between 4.69% and 4.86% through the week. With the cash rate now at 4.85%, the front end sits notably below the policy rate for the first time in some time, a configuration that typically points to the market pricing an eventual easing cycle rather than further hikes. The 10-year yield fell 14 basis points to 4.99%, within a 4.99% to 5.14% range, while the 30-year eased 11 basis points to close at 5.45%, spanning 5.45% to 5.56%. As the Australian yield chart shows, the 3-to-10-year spread has narrowed as yields fell broadly in parallel, though the curve’s overall upward slope remains intact. Read more: lnkd.in/gSKMupjM #AustralianFixedIncome #BondMarkets #AustralianBonds #RBA #InterestRates #BondYields #FixedIncomeInvesting #GovernmentBonds #USTreasuries #YieldCurve #MonetaryPolicy #AUD #CurrencyMarkets #GlobalMarkets #InvestmentStrategy

May the festival of lights bring you joy, prosperity and clarity in every decision. Happy Diwali from all of us at Foresight Analytics! 🪔 #HappyDiwali #FestivalOfLights

Weekly Overview of Government Bonds Australian fixed interest markets extended their consolidation in the week ending 30 October, with longer-dated yields drifting lower while the front end remained anchored. The result was a modest flattening of the yield curve as investors continued to absorb the sharp offshore-driven repricing seen earlier in October. The 3-year government bond yield was unchanged at 4.84%, trading in a narrow range. With the cash rate still at 4.60%, front-end pricing continues to suggest uncertainty over whether the RBA will need to tighten further. Read more details here -lnkd.in/eG-Z7YcS #AustralianBonds #AustralianFixedInterest #FixedIncome #BondMarkets #RBA #InterestRates #GovernmentBonds #YieldCurve #BondYields #BBSW #MoneyMarkets #USMarkets #USTreasuries #AUD #Macroeconomics

Weekly Term Deposits Update Over the past week, ending October 30, 2026, the strongest opportunity across the deposit curve remains concentrated around 6 months to 1 year. The standout tenor is 1 year, with an average rate of 4.97%, median 5.23%, and top rates of 5.50% from Bank First, ME Bank and Bank Australia. Newcastle Permanent is no longer near the top, while Greater Bank and Macquarie Bank have moved up to 5.40%. The quartile spread has widened slightly to 0.41% from 0.37%, indicating modest increase in dispersion. For shorter terms, value remains uneven. 1–2-month deposits show stable clustering with quartile spreads at 0.85% and 0.50%, and medians unchanged at 1.40% and 1.65%. Great Southern Bank and in1bank lead at 3.50%–4.00%, but most institutions are materially lower. These terms suit liquidity parking only. The 3–5-month range is steady. The 3-month average is 4.36%, with the median edging up to 4.50% and top rates at 5.25% from RACQ Bank. MyState Bank has lifted its 3-month rate to 5.05% from 4.95%, and Macquarie Bank has moved to 5.10%. At 4 months, the average is 4.23% and the median 4.30%, with top rates at 5.25% from Police Bank. At 5 months, the median holds at 3.75%, and the quartile spread remains at 0.93%. Read more - lnkd.in/dzCPRKig #AustralianDeposits #TermDeposits #FixedIncome #InterestRates #DepositRates #AustralianBanks #SavingsRates #BankingSector #CashManagement #YieldCurve #InvestmentStrategy #PortfolioManagement #JudoBank #RACQBank #FinancialMarkets

Australian interest rate market pricing firmed further over the week to 30 October 2026, extending the reversal that began the previous week and decisively confirmed by Wednesday’s inflation data. The 30-Oct curve now sits above both the 23-Oct and 16-Oct readings across virtually the entire forecast horizon, with the gap to the 16-Oct trough the low point of the earlier post-hike retracement widening sharply following the September quarter CPI release. At the front end, implied rates for November and December 2026 remain closely anchored to the 4.60% cash rate, with the three curves staying tightly bunched at these nearer-dated tenors, even as conviction builds that the November 3 meeting is now a genuinely live decision rather than a formality. Read more: zurl.co/NAAwU #AustralianEconomy #RBA #InterestRates #AustralianBonds #BondYields #Inflation #CPI #MonetaryPolicy #RateHike #CashRate #FixedIncome #InterestRateMarkets #FinancialMarkets #MarketOutlook #Macroeconomics

Chart of the week: AI Credit Stress Credit stress is increasingly concentrated among the weakest borrowers rather than spreading across the broader market. Yields on U.S. CCC-rated and lower bonds have risen to around 18%, signalling sharply higher refinancing and default risk for highly leveraged companies. By contrast, investment-grade corporate spreads remain near historical lows at roughly 0.9%, suggesting investors are still comfortable with higher-quality credit. Within AI, the four major cloud providers continue to generate ROIC above their WACC, supporting further capital investment. The current adjustment therefore looks more like a repricing of company-specific credit risk than a systemic retreat from the AI investment cycle. Read more - zurl.co/yj0Xj #CreditMarkets #HighYieldBonds #CCCratedDebt #CreditSpreads #InvestmentGrade #CorporateBonds #CreditRisk #DefaultRisk #RefinancingRisk #ArtificialIntelligence #AICapex #CloudComputing #ROIC #WACC #FixedIncome

Overview of the US Treasuries Market Global government bond yields fell sharply in October as investors moved toward safe-haven assets amid renewed equity-market volatility, concerns over AI investment and rising geopolitical and fiscal risks. The U.S. 10-year Treasury yield fell to 4.913%, down almost 38 basis points over the month and on track for its largest monthly decline since December 2023. Germany’s 10-year Bund yield also dropped sharply to 3.319%, down 26 basis points. The rally in high-quality government bonds was reinforced by a tech-sector sell-off after a reported US$6.3 billion cryptocurrency theft involving Binance digital wallets added to already fragile sentiment around AI infrastructure spending. France moved in the opposite direction. Its 10-year government bond yield ended near 4.98%, reflecting investor concern over rising public debt and weaker fiscal credibility. The divergence highlights how sovereign risk is increasingly differentiating bond markets rather than driving them uniformly. Read more: lnkd.in/gHjE2GZ3 #GlobalBondMarkets #FixedIncome #GovernmentBonds #BondYields #USTreasuries #US10YearTreasury #EuropeanBonds #SovereignDebt #SafeHavenAssets #GlobalMarkets #CentralBanks #InterestRates #Inflation #FiscalRisk #InvestmentStrategy

Overview of the Australian Government Bond Market Australian fixed interest markets extended their consolidation in the week ending 30 October 2026, with yields drifting lower at the long end while the front remained anchored, continuing the steadying pattern that has characterized the market since the sharp offshore-driven pullback earlier in the month. The result was a modest flattening of the curve, with longer maturities doing most of the work. The 3-year bond yield was unchanged on the week at 4.84%, trading in a tight 4.81% to 4.88% range. With the cash rate still at 4.60%, the front end’s relationship to policy remains little altered, reflecting a market that continues to sit on the fence over further tightening. The 10-year yield fell 7 basis points to 5.13%, within a narrow 5.12% to 5.18% range, while the 30-year eased further, down 11 basis points to close at 5.56%, spanning 5.29% to 5.56%. As the Australian yield chart shows, the 3-to-10-year spread has narrowed again this week as the long end outpaced the steady front end, though the curve’s overall upward slope remains intact. Short-term funding conditions tightened further, with 3-month BBSW rising 6 basis points to 4.90%, within a 4.82% to 4.90% range, extending its steady climb even as bond yields continue to ease. Read more: lnkd.in/gSKMupjM #AustralianFixedIncome #AustralianBonds #BondMarkets #GovernmentBonds #BondYields #InterestRates #RBA #BBSW #US利Treasuries #YieldCurve #FixedIncomeMarkets #AustralianDollar #AUD #GlobalMarkets #FinancialMarkets

Weekly Overview of Government Bonds Australian fixed interest markets were relatively subdued in the week ending 23 October, with yields broadly steady to slightly lower following the sharp rally of the previous week. The market appears to be consolidating rather than extending the recent decline in yields. The 3-year government bond yield slipped 1 basis point to 4.84%, while the 10-year eased 4 basis points to 5.20%. The 30-year yield was broadly unchanged at 5.67%. With the cash rate steady at 4.60%, the front end continues to imply uncertainty over whether further RBA tightening will be required. The yield curve remains positively sloped, with the 3-to-10-year spread broadly stable after narrowing the previous week. Read more details here -lnkd.in/eG-Z7YcS #AustralianBonds #FixedIncome #BondYields #AustralianEconomy #RBA #InterestRates #BBSW #GovernmentBonds #YieldCurve #USTreasuries #AUDUSD #AustralianDollar #MoneyMarkets #FinancialMarkets #Macroeconomics

Australian interest rate market pricing firmed over the week to 23 October 2026, breaking the two-week retracement that had followed the RBA’s late-September hike to 4.60%. Rather than extending the softening seen through early-to-mid October, the 23-Oct curve now sits above both the 16-Oct and 9-Oct readings across almost the entire forecast horizon, suggesting markets are tempering their earlier conviction that the current cash rate marks the definitive peak of this cycle. At the front end, implied rates for October and November 2026 remain closely anchored to the 4.60% cash rate, with the three curves staying tightly bunched at these nearer-dated tenors, confirming that near-term pricing remains settled even as the picture shifts further out. Read more: zurl.co/NAAwU #RBA #AustralianInterestRates #InterestRateMarkets #CashRate #MonetaryPolicy #Inflation #CPI #RateHikes #InterestRateExpectations #BondMarkets #AustralianEconomy #FixedIncome #YieldCurve

Weekly Term Deposits Update Over the past week, ending October 23, 2026, the strongest opportunity across the deposit curve remains concentrated around 6 months to 1 year. The standout tenor is 1 year, with an average rate of 4.96%, median 5.20%, and top rates of 5.50% from Bank First and Bank Australia. The quartile spread holds at 0.37%, indicating sustained tight clustering at this tenor. For shorter terms, value remains uneven. 1–2-month deposits show stable clustering with quartile spreads at 0.85% and 0.50%, and medians unchanged at 1.40% and 1.65%. Great Southern Bank and in1bank lead at 3.50%–4.00%, but most institutions are materially lower. These terms suit liquidity parking only. The 3–5-month range is steady. The 3-month average is 4.36%, with the median holding at 4.50% and top rates at 5.25% from RACQ Bank. At 4 months, the average is 4.23% and the median 4.30%, with top rates at 5.25% from Police Bank. At 5 months, the median holds at 3.75%, and the quartile spread remains at 0.93%. Read more - lnkd.in/dzCPRKig #TermDeposits #FixedIncome #DepositRates #AustralianBanks #InterestRates #SavingsRates #Banking #CashInvestments #InvestmentStrategy #YieldCurve #RateComparison #RACQBank #BankFirst #BankAustralia #PersonalFinance

Chart of the week: Anthropic IPO Nears as Q3 Revenue Growth Slows Anthropic is reportedly moving closer to an IPO after a strong but slowing third quarter. Q3 revenue reached a record $16.8 billion, while the company posted a second consecutive profitable quarter and positive operating cash flow. Enterprise net revenue retention reportedly reached 900%, alongside an adjusted gross margin of 85%. Despite these strong metrics, investors were unsettled by the sharp slowdown in quarterly growth, prompting a lower valuation assessment. Anthropic is now targeting a potential IPO around Thanksgiving, possibly as early as the week of November 9, making growth durability the key issue for prospective investors. Read more - zurl.co/yj0Xj #Anthropic #IPO #ArtificialIntelligence #AI #TechIPO #AIInvesting #VentureCapital #TechStocks #StartupValuation #RevenueGrowth #EnterpriseAI #Profitability #FinancialMarkets #InvestmentOutlook #GenerativeAI

Overview of the Australian Government Bond Market Australian fixed interest markets settled into a quiet pattern in the week ending 23 October 2026, with yields broadly steady to marginally lower across the curve following the sharp pullback seen the previous week. Rather than extending that decline, most tenors held close to their recent lows, suggesting the market is pausing to consolidate after offshore bonds drove a significant re-pricing the week before. The 3-year bond yield was little changed, slipping 1 basis point to close at 4.84%, trading in a tight 4.84% to 4.90% range. With the cash rate steady at 4.60%, the front end’s gap to policy remains modest, consistent with a market still undecided on the need for further tightening. The 10-year yield eased 4 basis points to 5.20%, within a 5.20% to 5.27% range, while the 30-year was nearly unchanged, down 1 basis point to close at 5.67%, spanning 5.67% to 5.71%. As the Australian yield chart shows, the 3-to-10-year spread has held roughly steady this week, with the curve’s overall upward slope remaining intact after last week’s narrowing. Short-term funding markets firmed further, with 3-month BBSW rising 6 basis points to 4.84%, within a wider 4.76% to 4.84% range, continuing to drift higher even as bond yields have stabilized. Read more: lnkd.in/gSKMupjM #AustralianBonds #FixedIncome #BondYields #AustralianEconomy #RBA #InterestRates #BBSW #USTreasuries #USBondMarket #YieldCurve #BondMarket #AUD #CurrencyMarkets #FixedInterest #FinancialMarkets

Australian interest rate market pricing eased again in the week to 16 October 2026, extending the retracement that has been building since the RBA’s late-September hike to 4.60% was confirmed. Far from reigniting the earlier climb in implied rates, the 16-Oct curve now sits below both the 9-Oct and 2-Oct readings across almost the whole forecast horizon, reinforcing the sense that markets are increasingly comfortable viewing the current cash rate as at, or very near, the top of this cycle. At the front end, implied rates for the November and December 2026 meetings stay closely anchored to the 4.60% cash rate, with the three curves barely distinguishable at these nearer-dated tenors further evidence that the September decision is now fully priced and no longer a source of near-term uncertainty. Read more: zurl.co/NAAwU #AustralianInterestRates #RBA #CashRate #InterestRateOutlook #MonetaryPolicy #InterestRateMarkets #MarketPricing #RateHikes #AustralianEconomy #BondMarkets #FixedIncome #CentralBankPolicy #FinancialMarkets #EconomicOutlook #RateCycle