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Bond market wary of worsening virus outbreak

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The bond market could be caught off-guard if NSW is forced into a similar position as Victoria and reimposes lockdowns as the government's funding needs dramatically escalate.

The government expects $851.9 billion of bonds and notes in circulation by the end of the financial year. Alex Ellinghausen

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Luke Housego is a journalist for The Australian Financial Review based in the Brisbane office. Email Luke at luke.housego@afr.com.au
Vesna Poljak is the Companies editor. She was previously the Markets editor with a special interest in the investment industry, hedge funds and accounting. She is based in the Sydney newsroom. Connect with Vesna on Twitter. Email Vesna at vpoljak@afr.com

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    Original URL: https://www.afr.com/markets/debt-markets/bond-market-wary-of-worsening-virus-outbreak-20200723-p55esm