Bonds flogged as ANZ joins rate hawks

Aussie bonds are taking a little hiding today as ANZ added two rate hikes to its outlook for next year:

Short end looks like good value to me. Even if you believe the drivel about hikes, how far do you think they’ll get?

Meanwhile, Dalian is struggling still:

Big Iron is down:

Big Gas too. The Pensioner Killers may be coming under pressure from the political dawning around gas:

Big Gold isn’t following through on USD weakness:

The Big Sleazy is down a little:

Big Liar mixed:

My view remains that next for interest rates is down.