Excerpt from: Bonds and Interest Rates CFDs and Spread Bets
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| July 25, 2006 | | Widening gap with U.S. Treasury bonds | Austrialian government bonds are pushing higher, due to forecasts of an interest rate hike. With rates likely to increase, the sensitive two-year bond is moving up. The move is widening the gap between Australian bonds and U.S. Treasury bonds, which carry similar dates. The gap is now at 88 basic points. | | |
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