Australia’s 10-year bond yield traded around 4.30%, trimming earlier losses after briefly hitting a three-week low, following minutes from the RBA that reaffirmed the central bank’s cautious approach to monetary policy. The September meeting notes indicated policymakers are in no rush to adjust rates, viewing the current cash rate as appropriately restrictive. Officials said recent data and forecasts support keeping policy unchanged, with future moves dependent on economic conditions. Discussions also highlighted persistent inflation pressures, with July and August CPI above expectations, while officials flagged higher costs in services and housing could push Q3 inflation higher. Markets have recently scaled back expectations for a near-term rate cut, with analysts noting the RBA appears at the end of its easing cycle. Meanwhile, risk sentiment improved slightly as markets tracked signs of easing US-China trade tensions.