Question: Explain briefly how a yield curve is constructed and what its shape reveals about interest rates. In the current market environment (as of June 2023),
Explain briefly how a yield curve is constructed and what its shape reveals about interest rates. In the current market environment (as of June 2023), what is the shape of the yield curves for Australia for the next 24 months? Justify your view by providing the current landscape and standing of Australia's monetary policy from the Reserve Bank of Australia and the fiscal policy from the Australian Treasury.
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