Market Extra: Aussie bond yields and dollar rise after central bank delivers another surprise rate hike

Market Extra: Aussie bond yields and dollar rise after central bank delivers another surprise rate hike

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The Australian dollar and bond yields surged, while stocks fell on Tuesday after the Reserve Bank of Australia delivered a second-straight surprise interest rate hike, cautioning that that might not be the end of it. The Aussie dollar AUDUSD, climbed 0.7% to $0.6670, while the 10-year Australian…

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