See-saw for the Kiwi dollar

May 31, 2024 | Business, Currency, Economy, Money Market

Market reaction to the NZ Budget was minimal, noted BNZ Markets this morning, US economic data releases were bond-friendly, consistent with slowing growth and weaker inflation. US Treasury yields reversed course after their rise this week, encouraged by weaker data releases overnight. The 10-year rate is down 6bps to 4.55% with a slightly flatter curve. […]

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See-saw for the Kiwi dollar

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