Question: comment on the graph. note that the spread is defined as the yeild on 10-year australian government bonds less the yeild on 3months australian bank

comment on the graph.

note that the spread is defined as the yeild on 10-year australian government bonds less the yeild on 3months australian bank accepted bills comment on the graph. note that the spread is defined as

1.2 1.0 0.8 0.6 0.4 0.2 u 0.0 -0.2 II IV 1 III IV 2018 2019 2020 spread_au SPREAD_AUF

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