The search for assets providing decent investment yield is continuing
The search for assets providing decent investment yield is continuing. The aging population is playing a role but the main drivers are low interest rates and bond yields. With global growth remaining uneven and inflation falling again, global and Australian monetary tightening remains distant so a sharp back up in bond yields threatening investments such as shares, commercial property and infrastructure still looks a way off. Full article from our Chief Economist, Shane Oliver: (VIEW LINK)
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