Kiwi finds support – NZ rates jump

May 19, 2023 | Currency, Economy, Global Share Markets, Money Market

. The US dollar showed broadly based gains, seeing a weaker NZD; US Treasury yields continue to rise, with a trio of upward forces overnight, notes BNZ Markets. NZ rates shot higher yesterday after the Budget conveyed a continuation of easy fiscal policy, driving government debt higher and raising the chance of additional policy tightening […]

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Kiwi finds support – NZ rates jump

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