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Country Focus

Australia: Inflation Noise, High Bar For Sustained Tightening

by Felix-Antoine Vezina-Poirier, Chief Strategist  

Stay long Australian 10-year government bond futures and underweight inflation-linked bonds as market expectations are overly hawkish. Australian Q4 inflation printed hotter than expected, with trimmed-mean inflation rising to 3.2%. Inflation is now back…

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