Is anyone investing in Australian Bonds supposedly running at 8.5%

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    I spent 1.5 hours with an investment advisor on friday . He says that Australian Bonds are returning 8.5% pa. Super is in cash atm and advisor is doing a risk assessment on potential future investments to phase into retirement with a view to going out of cash and putting 50% or more into Aus Bonds.We are thinking there may be a global bubble bursting event in stock markets as early as next year and would like to hear from anyone who thinks my advisor is onto the right strategy or not.
 
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