Australia dlr gains, bonds buckle as market guns for rate hikes - NewsBreak

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By Suzana in Business
Updated 2 years ago

SYDNEY, Oct 27 (Reuters) - The Australian dollar popped higher on Wednesday after a surprisingly strong reading on core inflation fuelled market wagers on early rate hikes and sent short-term bond yields to their highest since late 2019. The Aussie added 0.4% to $0.7530 on the data and looked set...

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