”Whatever USA bonds the OZ govt owns they should sell them”I...

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    ”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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