The trend is still very clearly up and Fitch explains why:
Australian investors expect spreads will widen and bank lending conditions to tighten, according to Fitch Ratings which has today announced the results of its fourth Australian fixed-income investor survey. The surveys are undertaken in partnership with KangaNews – a specialist publishing house that provides commentary on fixed income markets in Australia and New Zealand.
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David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
Australian investors expect spreads will widen and bank lending conditions to tighten, according to Fitch Ratings which has today announced the results of its fourth Australian fixed-income investor survey. The surveys are undertaken in partnership with KangaNews – a specialist publishing house that provides commentary on fixed income markets in Australia and New Zealand.
