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Australian bonds fell and yields soared to their highest level since 2019…
The Australian dollar rose to a four month high, and the market increased interest rate hike bets.
Investors flocked to bet that Australian interest rates may rise as soon as April.
The Australian dollar reached a four month high on Friday.
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Among them, Sinochem Geotechnical, Fuzhou Construction Engineering, China Coal Geology, Yankuang Donghua, Palm Garden and Chongqing Zhongke declined by more than 40%. Private construction enterprises are relatively facing greater pressure
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