The Kouk has a great article on heres-why-italian-bond-yields-are-lower-than-australia.
It is all about how to price bonds.
The Kouk was in the fixed income market for quite a long time with TD securities ( The Australian offshoot of Toronto Dominion Bank).
He therefore knows quite a lot about the market.
It is an informative article for those who do not know how bonds are priced.
You cannot price shares without first pricing Government bonds!
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