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Kent: Australian Fixed Income Securities in a Low Rate World

From rba.gov.au

This is my first time at the Debt Capital Markets Summit. I appreciate the opportunity to speak at such an important event in the Australian fixed income calendar. Over the course of recent months, interest rates on a range of fixed income securities across the globe have risen. Nevertheless, they remain at historically low levels. At the same time, spreads between non-government and government debt have remained low. Indeed, over the past year or so they have declined to be around their lowest levels since the global financial crisis. Accommodative monetary policies and generally low levels of inflation are ... (full story)

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