"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.
For First Time Since 2000, Australian Govt Bond Yield Below UST As US Govt Reaches $21T Debt Mark
Rupert Hargreaves
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Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger 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. Rupert covers everything value investing for Hedge Fund Alpha

