Australian markets are on track for a solid gain, erasing some losses of the last week. Bond yields have fallen today as investors locked up higher yields.
The ASX 200 index is trading nearly 1.5% higher towards the close. All sub sectors in the index are up, and a broad based momentum is evident. A-REIT leads the way with over 3% gain, followed by information technology, healthcare, telecom, consumer discretionary, energy.