US 10 year treasury yields have recently hit a 14-month low. This was after the US central bank indicated that they will not hike rates for the rest of the year. Bond traders are therefore not optimistic about the economy. In Australia, interest rates have remained low for the last few years and the slowdown of the property market will also encourage regulators to keep rates low. Household consumption is predicted to decrease from the slowdown in the economy. Despite …

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