10-Year Government Bond Yield — methodology

What this metric measures

The market yield on Australian Government 10-year bonds — the benchmark rate at which the Commonwealth borrows long-term and the market's read on long-run interest rates.

Why it matters: The 10-year yield sets the cost of long-term government borrowing and anchors fixed mortgage and business lending rates. Rising yields flow through to household repayments.

Source & provenance

Publisher

RBA Table F2.1 (FCMYGBAG10), monthly, with the RBA F2 archive supplying earlier months

Update frequency

monthly

Licence

CC BY 4.0

How the score is computed

The score is a 0–100 normalisation of the latest observation, compared to a baseline window. The traffic-light rating (RAG) reflects both the absolute level and the recent trend.

Direction

Lower is better

Trend window

24 months

Baseline

Last 10 years

{
  "red_min_pct_of_baseline": 110,
  "amber_max_pct_of_baseline": 110,
  "green_max_pct_of_baseline": 95
}