Head Down Under to avoid 2016 global bond rout: analysts
Singapore
AUSTRALIA'S bond market is emerging as one of the few places that strategists anticipate profits amid a looming global selloff.
Ten-year yields will slip about 15 basis points by the end of March to 2.80 per cent, based on a Bloomberg survey of analysts. An investor who bought at the end of last week would earn about 2.3 per cent after interest payments under that scenario, according to data compiled by Bloomberg. That's a contrast with the climbing yields forecast in surveys for the US and every other Group of Seven nation, reflecting the outlook for Federal Reserve interest rate increases.
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