Aussie Yield Premium Vanishes as Funds Cautious on GDP Rebound

Updated on
  • Spread over AAA rated peers approaches narrowest in four years
  • Yield within 10 basis points of record low even after GDP gain

Global fund managers say Australia’s disappearing yield premium and slumping currency are reasons to stay away from the nation’s bonds -- just as the government’s debt pile swells to a record.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.