Thu, 02 May 2013 10:27:03 GMT
Australian bond yield at 5-month low on global concern
The Australia's 10-year bonds were eight basis points lower, or 0.08%, to 3.02% in Asia's trading session on Thursday. Bonds reached a 5-month low on concern that the global economy faces a slowdown. German manufacturing sector contracted and China's industry expanded slower what reduced a risk appetite in the market.