The AAA nations - Norway, Sweden, Netherlands, Finland, Denmark, Switzerland, Germany, Canada, Singapore and Australia. Interest rates across all the AAA countries is sub 2% for 10 year Government bonds, barring Australia of course, where the Yield on a 10 year bond is 3.41%, on the same levels of say Thailand (BBB rated) or Philippines (BB-)... explaining in part, the strength of the AUD.
Any thoughts?
By the way Fitch today reconfirmed Australia's rating of AAA. Remember last month UK lost the AAA crown and joined US, France, New Zealand and Japan on AA band.
Any thoughts?
By the way Fitch today reconfirmed Australia's rating of AAA. Remember last month UK lost the AAA crown and joined US, France, New Zealand and Japan on AA band.
