The real people who hold our future in their hands are not from around here;
Dow Jones Newswires; Foreign central banks now hold A$23.38 billion in Australian government debt, up from just A$5.84 billion a year ago, according to Australian Financial Markets Association.
Foreign governments hold A$65.38 billion, up from A$32.04 billion. To that end, these large investors want more exposure in long run, not less as RBA already has rates at 4.5% and rising.
So foreign central banks and Governments have increased their Australian Government bond holdings by 134% in the last year to $88.76 billion from $37.88 billion. Julia better not do anything that makes them start selling....
