Rates are higher almost everywhere - ANZ

Analysts at ANZ noted that rates are higher almost everywhere.

Key Quotes:

"Overnight, bonds consolidated recent losses despite rhetoric from both the BoJ and the ECB over the weekend − which highlighted that further easing is still possible.

This trend will be one of the most important to watch as 2016 moves into its final chapter.

If central banks are no longer able to drive yields down with their words, then we could be in for a period of heightened volatility as markets re-adjust to a new liquidity paradigm."