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1.Market Observations

11 Mar 2017 (AFR) – ASX up after shrugging off bond rout

(11 March 2017, AFR, p27, by Jessica Sier)

‘Banks and healthcare stocks led the market higher on Friday, capping off a fairly volatile week, and shrugging off a slide in commodity prices.  Investors continued to sell global government bonds ahead of Friday night’s United States jobs report, which is expected to come in strongly and pave the way for an interest rate hike next week. As such real estate plays, which are inversely correlated to bond yields, traded lower on Friday.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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