Photographer: Brendon Thorne/Bloomberg

Property Bubble Bets Help Spur Surge in Aussie Bank Bond Risk

  • Credit default swaps on Big Four banks rise by most since 2011
  • Sydney house prices dropped in final quarter of 2015

The cost of insuring the debt of Australia’s largest banks surged by the most in four years after a report by research firm Variant Perception fueled speculation about risks in the nation’s housing market.

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