Central banks set to lift interest rates to 15-year highs as investor jitters grow
Concern that bond market rally underestimates growing evidence of persistent inflation
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Central banks set to lift interest rates to 15-year highs as investor jitters grow

### Response: Concern that bond market rally underestimates growing evidence of persistent inflation