Market talk says Australia’s 3-year bond yields look attractive
TradingView reports market pricing of 1.5 additional Australian rate increases, which Andrew Canobi of Franklin Templeton Australia calls aggressive. He says 3-year government bonds at current levels look attractive.
Australian financial markets are pricing in 1.5 more interest rate increases, something that feels aggressive, says Andrew Canobi, director of fixed income at Franklin Templeton Australia.
Three-year government bonds at these levels look attractive, he adds.
The challenge the market has is that res…