Here's your summary from Markets in 2 Minutes: Rates Driven More by Data Than Rhetoric (https://www.youtube.com/watch?v=cXokpXs18iE) on the Bloomberg Television channel:

**TLDR:** Inflation is expected to remain higher, Australian yields are fair, and rate cuts are unlikely in the near future.

1. Inflation is not expected to return to previous levels, indicating a shift to a higher yield regime.

2. Australian yields are currently fair, reflecting a 50% chance of a rate hike.

3. Rate cuts are unlikely in the near future as data does not justify them.

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