Forget the Rugby - NZ kicking goals in trans tasman yield-off

25 Kas 2020

NZ 10 Year yields have been soaring thanks to a more hawkish RBNZ which held rates at 0.25% when Australia lowered theirs to 0.10%. Talks of negative rates by Orr and other Bank members have dwindled. The impact is that NZ yields continue to climb and likely reach 1% before it's neighbours.