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ASX to rise slightly after US consumer prices hit 13-year high – The Australian Financial Review

Australian shares are set to lift marginally when the market opens after Wall Street pulled back from record levels.

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Accordingly, we continue to forecast that the yield of 10-year US Treasuries will rise from around 1.35 per cent currently to 2.50 per cent by the end of 2023.
Count small-cap stocks among the casualties of the quickly unravelling reflation trade. The Russell…

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