Bonds are probably Australia’s most intimidating asset class, which likely explains why they’re so unpopular with everyday investors.
Many of us are experts when it comes to stocks, cash and property, but few of us know exactly what bonds are, and once we do, it’s still not obvious how to start investing in them.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com