Aussie bonds rally faces sentiment test


AUSTRALIA’S debt market is on track to hit record post-pandemic bond sales this quarter, driven by higher rates and its safe investment appeal, but the boom now faces a critical test as the war in the Middle East tightens the deals pipeline.

The highest sovereign rates among Group of 10 economies have attracted investors, while a deepening, stable market outside the United States has drawn a slew of global issuers to raise funds.

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