Australian government bond yield curve broadly higher

The Australian 3-year bond yield rose 4.4 basis points to 3.777%;

The Australian 5-year bond yield rose 4.9 basis points to 3.81%;

The yield on the 10-year Australian government bond rose 5 basis points to 4.049%;

The spread between Australian 3-10 year bond yields was 27.3 basis points, compared with the previous close of 26.7 basis points.