Sell bank equity and buy the debt
The platform is now set for inflation to surprise on the upside, making floating rate bonds attractive.
Christopher Joye, Columnist
Christopher Joye is a contributing editor to The Australian Financial Review. He is a leading economist, fund manager and policy adviser who has previously worked for Goldman Sachs and the RBA, and was a director of the Menzies Research Centre. He is currently a director of Smarter Money Investments.
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