Bond market rout signals recession risk for Australia and world

Australian 10-year bond rates near 15-year highs as inflation remains stubbornly elevated.

Why it mattersRising bond rates threaten property and share prices and could trigger recession in Australia.

AustraliaAustralian households face the risk of higher interest rates, falling property values, and potential job losses if global financial conditions worsen.

✓ Claims checked against the source and corrected before publish. checked 2 d ago

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Sydney and Melbourne luxury homes slide past 10 per cent from peak

Top-tier homes fell more than 10.7 per cent in Sydney and more than 10.5 per cent in Melbourne; low-priced properties held steady.

Why it mattersProperty investors and high-end sellers are bearing the brunt; tight affordability and investor caution could weigh on the broader market.