Business
ASX to lift after Nasdaq sets another record – The Australian Financial Review
Australian shares are poised to open higher as Wall Street was calm after the Federal Reserve’s latest hawkish surprise.
The rise in nominal Treasury yields since the FOMCs announcement has been driven by higher real yields indeed, inflation compensation implied by swaps and TIPS has fallen back a bit, he writes.
But TIPS yields remain exceptionally low, and arguably have…
Continue Reading
