Story thread · 2 reports / 1 sources

Funds Buy Australian Bonds on Signal Rate Hikes Are Nearing End

bloomberg.com · 4hShare

Investors are starting to snap up Australian bonds, betting that the Reserve Bank is nearing the end of its rate-hike cycle after lifting borrowing costs to a 15-year high.

First report: Pimco Sees Value in Australian Bonds as Rate Hikes Overpriced — bloomberg.com, 2d