BlackRock Bullish Bonds as Analysts See Rout

BlackRock Bullish Bonds as Analysts See Rout

Ian Waldie/Bloomberg

A global slump in commodities and the Australian jobless rate’s climb to a three-year high is prompting BlackRock Inc., Mitsubishi UFJ Asset Management Co. and BT Investment Management Ltd. to suggest the Reserve Bank of Australia will resume cutting interest rates after pausing since December.