World’s Hottest Bond Market Fired by Defiance to Go Sub-Zero
A person holds Australian dollar banknotes of various denominations for a photograph in Sydney, Australia. (Photographer: Brendon Thorne/Bloomberg)

World’s Hottest Bond Market Fired by Defiance to Go Sub-Zero

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(Bloomberg) -- One central bank’s refusal to contemplate negative interest rates is helping set it apart from developed peers and stoke interest in its world-beating bond market.