business / news / / Australian Financial Review
Investors are pouncing on Australia’s government bonds as markets rapidly reprice the outlook for further interest rate rises from the Reserve Bank.
Investors are increasing purchases of Australian government bonds amid repricing of RBA rate expectations.
KEY POINTS
- Australia's 10-year government bond yield recently rose above 5 percent for the first time in years.
- Markets are betting that Australia's debt remains manageable despite the Labor government's spending.
- Global concerns about inflation and rising debt are keeping bond yields elevated in major economies.
COMPANIES
Summarized by Newsio from Australian Financial Review. How we summarize →