The RBA uses the operating technique which has come universal in countries with deregulated financial markets: the Bank can influence liquidity in the payments clearing system, and is allows us to shift interest rates at the very short end of the yield curve. (rba.gov.au)
Fascinating, and a reason why we should always use the long and short end of the yield curve for analyses. (alephblog.com)
«Shorting the short end of our yield curve, though this could be (has been) a tough trade given the Federal Reserve is likely to continue to go slow in its tightening; companies that are most leveraged via revenue / [earnings per share] to better manufacturing activity / firmer commodity prices, where valuation is attractive (I leave this to our relevant analysts). (businessinsider.com)