While global markets are expecting a rise in US rates in December, local shorter-dated bonds yields are unlikely to respond significantly unless the local Reserve Bank shifts from its current position that it expects to leave the domestic cash rate on hold for quite some time.

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Pearl Funds Management, an authorised representative AFS Rep No 001254808 of Banyan Securities Pty Ltd AFSL 484139
The information presented by us is general in nature and does not take into account your personal goals and objectives. It does not represent financial product advice. You should always seek independent legal and financial advice before making a decision in relation to a financial product. Read the Product Disclosure Statement (PDS) before making a decision. You should consider your own circumstances, needs and financial objectives before making a decision.

Philip Bayley
23 September 2015