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Crestone WM: Overweight Australian bonds versus global debt

Given varied global monetary policies, Crestone Wealth Management said Australian fixed income markets remain attractive compared to their global counterparts. “Markets continue to expect further near-term interest rate increases in the US. Interest rates are also expected to rise through 2019 in Europe and Japan, as global quantitative easing begins to unwind,” the wealth manager said. “In contrast, given ‘at-trend’…

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