With a decade of record-low interest rates, retail investors have previously steered away from the bond market and have focused their capital on equity markets. Now that the Federal Reserve has announced a rise in rates, should we be worried? Considering the current level of global household debt, a small rise in rates could have a dramatic impact on the Australian and global economies.
Gemma Dale interviews Mark Todd, Head of Customer Direct at NAB to discuss the current state of the Australian bond market and his view on:
- What the Australian and global bond market is currently looking like
- How record-low rates are impacting global debt
- The implications of rising U.S. rates for equity markets, and
- How you can take action to protect your wealth from an increase in rates.
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