NZX maintains weaker tone

  Rising long bonds undercut the US equity market overnight and the ripple ran across the Pacific. The Dow dropped 413 points to 34,308 as 10-year bonds climbed above 2.8%. Oil rebounded, with Brent up $2.45 to US$100.93/bbl. . Markets in New Zealand were a little weaker, -42.86 points off the NZX50 at 11,889.17, ahead […]