Good morning and welcome again, it’s Ainsley right here with all of the information you have to begin your working week.
Today’s must-reads:
• Bond markets resume rate-cutting trades
• RBA reform invoice inquiry splits alongside occasion strains
• NY-fund supervisor Muzinich makes first rent in Melbourne
Bond merchants are cautiously reloading wagers that burned them simply weeks in the past because the Federal Reserve and key international friends lastly seem set to begin lowering rates of interest as quickly as June. Among money managers equivalent to Pimco and BlackRock, and one-time bond king Bill Gross, the prospect of decrease charges is boosting the attract of shorter-dated obligations due in round 5 years or much less.