Govt bonds
This week, yield direction linked to employment reports in both the US and NZ, softer in the US, stronger in NZ
4th Aug 14, 8:01am
This week, yield direction linked to employment reports in both the US and NZ, softer in the US, stronger in NZ
The near-term bias is for further steepening, but longer term expect to see a flatter curve: BNZ
1st Aug 14, 8:18am
The near-term bias is for further steepening, but longer term expect to see a flatter curve: BNZ
US rates market moved sharply higher in reaction to their strong GDP; eyes on NFPs
31st Jul 14, 8:10am
US rates market moved sharply higher in reaction to their strong GDP; eyes on NFPs
Offshore investors remain sceptical about how much further the RBNZ’s hiking cycle can go in the near-term
30th Jul 14, 8:10am
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Offshore investors remain sceptical about how much further the RBNZ’s hiking cycle can go in the near-term
NZ 2 yr swaps slip toward 4% in pullback induced by the RBNZ election pause, pointing to a potential hedging opportunity
29th Jul 14, 8:07am
NZ 2 yr swaps slip toward 4% in pullback induced by the RBNZ election pause, pointing to a potential hedging opportunity
US bonds slide on weaker US capital goods shipments, despite strong durable goods orders
28th Jul 14, 8:12am
US bonds slide on weaker US capital goods shipments, despite strong durable goods orders
Drive to 'neutral' rates gets a pause, 'period of assessment' may last until past December
25th Jul 14, 8:39am
Drive to 'neutral' rates gets a pause, 'period of assessment' may last until past December
NZ-AU yields narrow as market retreats from expecting an AU rate cut, may narrow further
24th Jul 14, 7:52am
NZ-AU yields narrow as market retreats from expecting an AU rate cut, may narrow further
Pull-back in rates may extend beyond the RBNZ meeting as a hike pause is expected until after the election
23rd Jul 14, 9:13am
Pull-back in rates may extend beyond the RBNZ meeting as a hike pause is expected until after the election
RBNZ and the US Fed get all the market focus; markets see RBNZ wavering, wary of US CPI uptick
22nd Jul 14, 8:04am
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RBNZ and the US Fed get all the market focus; markets see RBNZ wavering, wary of US CPI uptick
NZGBs enjoy a decent price rally. NZ swaps and bonds closed down on Friday by 3-8 bps
21st Jul 14, 8:02am
NZGBs enjoy a decent price rally. NZ swaps and bonds closed down on Friday by 3-8 bps
Overnight Ukraine jetliner crash sees UST 10yr yields fall sharply, now near 2014 lows
18th Jul 14, 8:20am
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Overnight Ukraine jetliner crash sees UST 10yr yields fall sharply, now near 2014 lows
'We still consider a July rate hike effectively a done deal, since we can’t imagine the RBNZ would be pleased with market interest rates falling further': BNZ
17th Jul 14, 8:27am
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'We still consider a July rate hike effectively a done deal, since we can’t imagine the RBNZ would be pleased with market interest rates falling further': BNZ
Swaps move higher without offshore receiving support; today's CPI data unlikely to deter RBNZ from hiking again next week
16th Jul 14, 8:26am
Swaps move higher without offshore receiving support; today's CPI data unlikely to deter RBNZ from hiking again next week
Skinny trading but yields rise both locally and internationally; eyes on Yellen testimony and RBA minutes
15th Jul 14, 8:44am
Skinny trading but yields rise both locally and internationally; eyes on Yellen testimony and RBA minutes
Swaps lower on UST slips; eyes on CPI but RBNZ expected to hike twice more in 2014
14th Jul 14, 11:09am
Swaps lower on UST slips; eyes on CPI but RBNZ expected to hike twice more in 2014
AU swaps lower on unemployment; foreigners like our bonds; local swap rates follow USTs lower again
11th Jul 14, 8:17am
AU swaps lower on unemployment; foreigners like our bonds; local swap rates follow USTs lower again
Local swap rates follow USTs lower; Fed minutes have big influence
10th Jul 14, 8:12am
Local swap rates follow USTs lower; Fed minutes have big influence
QSBO inflation suggestions and absent receivers sees local swap rates rise; RBNZ's McDermott may add hawkish push
9th Jul 14, 8:29am
QSBO inflation suggestions and absent receivers sees local swap rates rise; RBNZ's McDermott may add hawkish push
Markets more confident the US Fed will raise rates in 2015, but poor German data sees bond markets drift
8th Jul 14, 8:10am
Markets more confident the US Fed will raise rates in 2015, but poor German data sees bond markets drift
US payroll data helps NZ swaps rise and steepen; eyes on QSBO
7th Jul 14, 9:14am
US payroll data helps NZ swaps rise and steepen; eyes on QSBO
US data pushed NZ yields higher, then RBA comments dampened them, ahead of more 'positive surprise' US data
4th Jul 14, 8:03am
US data pushed NZ yields higher, then RBA comments dampened them, ahead of more 'positive surprise' US data
NZBG 2027 priced at low end of expected range; ADP jobs reports raises expectations for NFPs tomorrow
3rd Jul 14, 8:09am
NZBG 2027 priced at low end of expected range; ADP jobs reports raises expectations for NFPs tomorrow
NZBG 2027 syndication launched; AU markets pricing in more of a chance of an RBA cut; UST yields rise
2nd Jul 14, 8:40am
NZBG 2027 syndication launched; AU markets pricing in more of a chance of an RBA cut; UST yields rise
Slowdown may draw offshore receivers back into local fixed income markets; eyes on RBA rate policy settings
1st Jul 14, 8:34am
Slowdown may draw offshore receivers back into local fixed income markets; eyes on RBA rate policy settings