French Bond Rout Draws Australia Pension Into Market Others Shun
Australia’s second-biggest pension fund is buying French government bonds on the view that markets have overpriced France’s fiscal troubles and the prospect of European Central Bank interest-rate hikes.
By Ruth Carson and David Finnerty · Bloomberg Markets
Australia’s second-biggest pension fund is buying French government bonds on the view that markets have overpriced France’s fiscal troubles and the prospect of European Central Bank interest-rate hikes.