Business
Rising interest rates continue to weaken share market – weekly review – Small Caps
The continuing tug of war on the bond market between central banks and investors is continuing to cause weakness on the Australian share market.
The continuing tug of war on the bond market between central banks and investors is continuing to cause weakness on the Australian share market.
By the close of trade on Friday the market had shed 50 points or 0.75% to 6711 points on the ASX200 index but at one stage the index was as much as 1.5% lower, so a late rally flattered what was a fairly weak day.
So far it is hard to find a winner in the battle of the global bond market which at more than $130 trillion is larger than the global share market.
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