SYDNEY, March 13, 2026, 10:52 AEDT Wesfarmers shares rose about 1.3% to A$76.26 in Friday morning trade, bucking a softer Australian market as the ASX 200 slipped about 0.35% in early dealings. The move followed Thursday’s A$75.29 close, when the stock ended down 0.69%. (Wesfarmers) That matters because Wesfarmers is increasingly being treated as a valuation call, not just a retail one. In commentary published on Thursday, Schroders’ Kellie Wood said Wesfarmers bonds yielded about 5.4%, above the stock’s 3.7% dividend yield, and Woolworths showed a similar gap, arguing investors can now “get better yields in high-quality fixed income corporate