”Whatever USA bonds the OZ govt owns they
should sell them”
I 100% agree with that statement, no matter who
wins the presidential race. Worse case scenario
is default, base case scenario is a sell down of
US bonds unless they take radical action to fix
their budget deficits. Personally I see a big risk of
inflation and interest rates going higher, and
think significant rate cuts are a pipe dream.
I hope I’m wrong.
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