AU bond yields have crashed, savers f@cked, government wins

Discussion in 'Markets & Economies' started by SpacePete, May 17, 2016.

  1. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    This will incentivise the government to borrow even more. We are f@cked.

     
    SpacePete, May 17, 2016
    #1
  2. Silverthorn

    Silverthorn Well-Known Member

    Joined:
    Apr 29, 2010
    Messages:
    2,505
    Likes Received:
    28
    Trophy Points:
    48
    People should start pointing Morrison to the appropriate part of rba legislation.
     
    Silverthorn, May 17, 2016
    #2
  3. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    No magic economy-fairy is going to save us from the ineptitude of "our betters" in Government.
     
    SpacePete, May 17, 2016
    #3
  4. Dabloodymess

    Dabloodymess Active Member

    Joined:
    Jul 7, 2010
    Messages:
    1,347
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Russia
    Most of those bailing on the bonds will have been overseas investors looking for a higher rate of return than other government bonds on offer... now with rate cuts Australia is not much better than the US/Euro bonds on offer so of course they are getting out.

    Up to 11% on bank deposits in Russia now if anyone is game :p
     
    Dabloodymess, May 17, 2016
    #4
  5. Oldsoul

    Oldsoul New Member

    Joined:
    Jun 12, 2014
    Messages:
    1,116
    Likes Received:
    2
    Trophy Points:
    0
    Location:
    Aghartha
    That's eternally true. You touched my soul there. It was the one thing a king and a commoner could always agree on and it is still true.
     
    Oldsoul, May 18, 2016
    #5
  6. slavaja

    slavaja Well-Known Member Silver Stacker

    Joined:
    Oct 3, 2010
    Messages:
    1,074
    Likes Received:
    748
    Trophy Points:
    113
    Location:
    Melbourne
    where do you sign up for that?
     
    slavaja, May 18, 2016
    #6
  7. whinfell

    whinfell Well-Known Member Silver Stacker

    Joined:
    Mar 22, 2012
    Messages:
    3,327
    Likes Received:
    174
    Trophy Points:
    63
    Location:
    Australia
    Russia.
     
    whinfell, May 18, 2016
    #7
  8. Oldsoul

    Oldsoul New Member

    Joined:
    Jun 12, 2014
    Messages:
    1,116
    Likes Received:
    2
    Trophy Points:
    0
    Location:
    Aghartha
    [youtube]http://www.youtube.com/watch?v=SDmKdTmNH7U[/youtube]
     
    Oldsoul, May 18, 2016
    #8

Share This Page