Bloomberg News

Australian Bonds Advance; 10-Year Yields Decline to a Record Low

December 29, 2011

Dec. 29 (Bloomberg) -- Australian bonds advanced, pushing the yield on 10-year debt to a record low.

The 10-year yield fell eight basis points, or 0.08 percentage point, to 3.691 percent.

To contact the reporter on this story: Benjamin Purvis in Sydney at bpurvis@bloomberg.net

To contact the editor responsible for this story: Naoto Hosoda at nhosoda@bloomberg.net


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