Australians chasing yield buy stocks, dump bonds

Signs that Australian investors are moving out along the risk curve are rapidly gathering pace. For example, stock markets are on a tear (the S&P/ASX 200 AU:XJO +0.09% is on course for a 10th straight day of gains on Wednesday), while bond yields — which move inversely to bond prices — are also r…

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Australians chasing yield buy stocks, dump bonds