Via Bloomie, bring it on:
Prolonged equity losses and monetary easing by the Reserve Bank of Australia can send the nation’s 10-year bond yield into negative terrain for the first time, according to Craig Vardy, head of fixed income for Australia at the world’s biggest money manager.
…Quantitative easing may be implemented in the fourth quarter, said Vardy, who has been long 10-year Aussie government bonds and U.S. Treasuries since mid-February.
