Nibble on bonds?
Australian PMIs are peeling away from the pack and not in a good way. Activity no bueno. Employment no bueno. Price rises are slower than elsewhere. \ 5.4% in the Aussie 10-year is worst-case inflation + 2-3%. This is a good bond fund return for buy-and-hold investors. The problem is, even though the RBA is The post Nibble on bonds? appeared first on MacroBusiness .
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