Global rates up and Kiwi eases

Jun 2, 2022 | Currency, Economy, Money Market

2.6.22 Global rates have pushed sharply higher overnight after a stronger-than-expected ISM manufacturing survey and a very hawkish Bank of Canada policy update, says BNZ Markets. The US 10-year rate is 10bps higher and is approaching 3% again.  The higher US rates backdrop has seen equities come under renewed pressure, albeit the S&P500 is well […]

 


 

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