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French Bond Rout Draws Australia Pension Into Market Others Shun

Australia’s second-biggest pension fund is buying French government bonds on the view that markets have overpriced France’s fiscal troubles and the prospect of European Central Bank interest-rate hikes.

This article was originally published by Bloomberg Markets and is republished here under license.

Australia’s second-biggest pension fund is buying French government bonds on the view that markets have overpriced France’s fiscal troubles and the prospect of European Central Bank interest-rate hikes.

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