Bonds become worryingly fashionable

Monday, 3 June 2019

There are all new highs at the long end of the Aussie bond curve this morning:

Via the AFR comes the Vimal Gor:

“I am very bullish on bonds, even at these levels, very bullish. Probably the most bullish I have been in my entire life,” says Gor.

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About the author

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.