This data is still not revealing the long-expected labour market stress market bears have been warning about. We will get China's December CPI inflation rate today at 3pm. The Australian 10 year bond yield is now at 4.12% and down -2 bps. The China 10 year bond rate is now at 2.51% and down -5 bps and and its lowest since 2002. The NZ Government 10 year bond rate is +2 bps higher at 4.72%.

Source: Stuff January 12, 2024 00:55 UTC