The available snippet points to the RBA meeting as the key event of the coming week, while the author notes that their prior view on Australian 2-year yields has already played out as yields moved higher. The implied market focus is whether Australian short-end rates extend their recent run around the RBA decision.
•The RBA meeting is the main scheduled event for the week of 2026-08-09.
•The author says views from their last trip to Australia 'paid out nicely,' with Aussie 2-year yields having run higher.
•The newsletter is authored by Bob Elliott under the Nonconsensus banner, indicating a macro/rates-oriented perspective.