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ASX holds onto gains; Austal up 7.2%, real estate leads – The Sydney Morning Herald

The S&P/ASX 200 has opened higher with broad based gains, especially in financial and real estate sector stocks, but materials companies going ex-dividend are dragging….

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Mr Whetton said bonds are priced by individuals at banks and institutions calling each other, not on an open exchange like the stock market, and the prices were just jumping around too much last week for deals to be struck last week
(The RBA) is trying to ensure that yields are more reflective of reality, Mr Whetton said.
You couldnt buy or sell a (fixed interest) security because there was no buyers or sellers. No one was willing to take a price because it moved so fast.
The RBA coming in and buying…

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