The sharemarket is not the economy, or so the well-worn market saying goes. But right now, Australian financial markets are sending some pretty clear signals about where they think the nation goes next.The 10-year Australian government bond yield hit a fresh 15-year high of 5.22 per cent on Wednesday, after a better-than-expected GDP growth print added to expectations of a fourth interest rate hike from the Reserve Bank of Australia.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles