Rally of the Century Drives Aussie Bond Returns as RBA Cuts Loom

  • Australian government bonds have delivered 5.8% gain in 2016
  • Benchmark 10-year sovereign rate dropped to record low 1.95%
Photographer: Ian Waldie/Bloomberg

Australian government bonds haven’t started a year this strongly in more than two decades and global turmoil means the prospect of more fuel from interest-rate cuts.

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