I'll take a stab, not much knowledge of the specifics. Relatively high household and govt debt levels + anaemic growth causing central bank to lag on increasin

I'll take a stab, not much knowledge of the specifics. Relatively high household and govt debt levels + anaemic growth causing central bank to lag on increasing rates to the level that the market sees as worthy of the risk. Am I close? It's the AUD model but I figure it's close.