Your right, Bonds (Australian Treasuries) seem to be in free fall.
AUS 10Y 2.18
AUS 5Y 1.81
AUS 2Y 1.82
As of today the 5 and 2 Year note are pretty much the same. That would mean the yield curve is inverting
I assume the market is betting that we are in a low growth environment and interest rate will not be rising (any time soon) and in fact could fall. If so then that should negate their reason/argument for CGF's falling share price.
Why has the share dropped., page-91
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