Are we likely to see interest rates rise in the near future? As the Bank of Canada and the Bank of England both take the Fed’s lead in raising interest rates, there is speculation that Australia could be next. However, record high household debt levels mixed with record low wage growth means we may not be able to afford this increase. Franklin Templeton Investments examines the state of Australian interest rates and whether there is still value to be found in the fixed income universe.
This article was first published by Franklin Templeton Investments.
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