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Aussie dollar hit, bonds rip, on emergency rate cuts

March 14, 2019 - 12:15 -- Admin

The AUD has not been able to hold its overnight gains: Bonds continue to rip towards  2016 yield lows: Worryingly, XJO is no longer trailing a rising equity premium: Big Iron is up: Big Gas too: And Big Gold: But Big Banks are down: As is Big Realty: The driver is more bearish commentary from UBS:

The post Aussie dollar hit, bonds rip, on emergency rate cuts appeared first on MacroBusiness.

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