Australia's 10-Year Bond Yield to Fall Further: JPMorgan

The video discusses the forecast for Australian government bond yields, predicting a decrease in the 10-year bond yield to 1% and the 3-year yield below 1% in 2020. It explores the relationship between cash rates and bond yields, highlighting the Reserve Bank of Australia's (RBA) potential monetary policy actions, including quantitative easing (QE). The discussion covers the limits of conventional monetary policy and the possibility of lower cash rates, as well as the RBA's preference for conventional measures before considering unconventional policies like QE.

What are the potential implications if the cash rate goes below 1%?

How does the speaker view the role of fiscal stimulus in relation to monetary policy?