cryptocurrency everytime
-
Australians chasing yield buy stocks, dump bonds
Signs that Australian investors are moving out along the risk curve are rapidly gathering pace. For example, stock markets are on a tear (the S&P/ASX 200 AU:XJO +0.09% is on course for a 10th straight day of gains on Wednesday), while bond yields — which move inversely to bond prices — are also rising, with 10-year government bond yields jumping 19 basis points to 3.51% on Tuesday. These moves can usually be put down to investors looking to take advantage of an improving economic growth. But in Australia, the stocks that are currently benefiting the most fall in sectors that are least affected by economic ... (full story)