Interest rate curve steepens

Dec 16, 2024 | Economy, Money Market

The NZ swap curve steepened last week, with shorter term tenors slightly lower in yield and long-term tenors slightly higher, reports Westpac. “The front of the curve reflects an increased degree of conviction that the Fed will cut its policy rate by 25bps this week (now 95% priced by the market),” says chief economist […]

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Interest rate curve steepens

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