Bond markets surge, NZD eases

Mar 22, 2022 | Currency, Economy, Money Market

22.3.22 The new week has begun with global bond markets under significant pressure, seeing rates surge to fresh multi-year highs, notes BNZ Markets. More hawkish comments by Fed Chair Jerome Powell were adding to upward momentum in yields, says Jason Wong, senior markets strategist. “Under the circumstances, a modest fall in the S&P500 doesn’t look […]

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Bond markets surge, NZD eases

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