For First Time Since 2000, Australian Govt Bond Yield Below UST As US Govt Reaches $21T Debt Mark
Rupert Hargreaves2018-03-19T13:29:26-04:00
"It is worth highlighting," CLSA analyst Christopher Wood writes in the latest issue of his Greed & Fear research note, "that an interesting development occurred recently when the 10-year Australian government bond yield in late February declined below the US 10-year Treasury bond yield for the first time since 2000." This development is interesting because it comes against a backdrop of rising leverage in Australia in an economy that's highly dependent on the housing to generate growth.
Author
Rupert Hargreaves
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Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
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