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Think Tank Interest Rates Outlook Wk19 2008

Mon, 2008-05-05 03:59 — Broker

BBSW rates converged this week with the 30 day rate edging up to 7.5867% and the 90 day rate coming in slightly to 7.7967%.

The nervy market reaction to higher inflation figures reported the week before has worn off with fixed rates coming back down again almost to where they were beforehand.

Fixed rates over 1-5 years fell by up to 0.29% and now range between 7.45% and 7.87%.



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