Photographer: Brendon Thorne/Bloomberg

Aussie Bonds Surging Like It's 1991 Don't Need Recession Driver

  • Benchmark 10-year yields are down half a percentage point
  • Bonds will remain supported given risk environment: Morriss

Australian bonds are having their best start to a year since the economy was last in recession in 1991 as concerns about Chinese currency devaluations, banking stability and a U.S. economic slowdown drive investors to the safest assets.

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