The Greek tragedy’s effect on yield

Greek debt negotiations could accelerate interest rate cuts in Australia.

Summary: The last time Greece was in crisis five years ago, Europe was in a desperate situation. The problem was contained because the troika bought out the Greeks’ loans held by European and international banks. Now, Europe would have to lend even more money to Greece to avoid a Greek collapse, which would be back to square one – the US would hike rates and the RBA would cut.

Key take-out: If the US does not increase rates in response to the Greek crisis, this would depress the US dollar and escalate our own currency, meaning our interest rates would be lowered faster than is currently on the agenda.  



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles