(Reuters) - Many investors expect higher interest rates in Australia, China and Britain following increases in Europe and New Zealand last week, which could make industrial commodities less attractive investments and choke off demand by curbing growth.
"As bond yields rise, borrowing costs go up and the return on more risky assets like equities and commodities decreases compared to interest rates," analyst Andrew Harrington at Australia and New Zealand Bank said.
Read more at Reuters.com Hot Stocks News
"As bond yields rise, borrowing costs go up and the return on more risky assets like equities and commodities decreases compared to interest rates," analyst Andrew Harrington at Australia and New Zealand Bank said.
Read more at Reuters.com Hot Stocks News
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