Australian Notes Advance; 10-Year Yield Equals Record Low Set in December

The yield on the Australian 10-year note matched the record low of 3.648 percent set on Dec. 30.

The rate dropped as much as seven basis points, or 0.07 percentage point, to 3.648 percent. It was 3.668 percent as of 2:33 p.m. in Sydney.

To contact the reporter on this story: Benjamin Purvis in Sydney at bpurvis@bloomberg.net

To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net

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