Comment from Glenn Feben, Head of Australian Fixed Interest at Henderson Global Investors (speaking at an investment briefing in Sydney)
(reported on Bloomberg)
UPDATED (more from Bloomberg now)
- bull bond market of the past few decades is "probably over", yields will likely trend higher
- "Scope for central banks to lift interest rates is likely to be lower in the future"
- RBA to keep interest rates at 1.5% for "quite a long time"
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Henderson Global Investors