Govt bonds
Plenty of receiving interest notes BNZ, and that caps the steady mortgage demand for fixing
30th Jun 14, 9:05am
Plenty of receiving interest notes BNZ, and that caps the steady mortgage demand for fixing
NZ swap still below fair value. Expect swap-bond spreads to widen towards 55 bps, says BNZ
27th Jun 14, 8:31am
NZ swap still below fair value. Expect swap-bond spreads to widen towards 55 bps, says BNZ
NZ swap rates meander as markets await signals from the US Fed and BofE's Carney, US bond yields fall then partly recover
26th Jun 14, 8:24am
NZ swap rates meander as markets await signals from the US Fed and BofE's Carney, US bond yields fall then partly recover
Lull in Kauri issues allows the swap rates to push on higher; announcement of big new NZGB issues steepens curve
25th Jun 14, 8:00am
Lull in Kauri issues allows the swap rates to push on higher; announcement of big new NZGB issues steepens curve
Dip from ADB kauri defies rise in offshore rates, soaks up local mortgage demand
23rd Jun 14, 8:29am
Dip from ADB kauri defies rise in offshore rates, soaks up local mortgage demand
Fall pushed by dovish Fed statement and 'as expected' Q1 GDP result, markets ponder new 'neutral' targets
20th Jun 14, 8:21am
Fall pushed by dovish Fed statement and 'as expected' Q1 GDP result, markets ponder new 'neutral' targets
Strong bond demand supports strong issuance, mortgage demand solid, FOMC confirms policy track
19th Jun 14, 8:25am
Strong bond demand supports strong issuance, mortgage demand solid, FOMC confirms policy track
Another big Kauri pushes decline in swaps; eyes on NZ current account and LGFA auction today, and the Fed tonight
18th Jun 14, 8:52am
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Another big Kauri pushes decline in swaps; eyes on NZ current account and LGFA auction today, and the Fed tonight
NZGB and LGFA will issue new longer dated debt this week totalling $455 mln, may see yields rise
17th Jun 14, 8:17am
NZGB and LGFA will issue new longer dated debt this week totalling $455 mln, may see yields rise
2-year swap is now at its highest level since July 2010, while NZ bond yields push higher across the curve
16th Jun 14, 8:30am
2-year swap is now at its highest level since July 2010, while NZ bond yields push higher across the curve
No hint of a pause for July, swaps jump higher, NZGB sell-off more muted, poor AU data sees NZ-AU spreads push wider
13th Jun 14, 8:23am
No hint of a pause for July, swaps jump higher, NZGB sell-off more muted, poor AU data sees NZ-AU spreads push wider
Who has forecast the the RBNZ 90 day bill track correctly - the markets or bank economists?
12th Jun 14, 7:51am
Who has forecast the the RBNZ 90 day bill track correctly - the markets or bank economists?
Global investors happy to meet rising mortgage and SME demand; eyes on MPS bill track
11th Jun 14, 8:08am
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Global investors happy to meet rising mortgage and SME demand; eyes on MPS bill track
More data suggests a good GDP result is coming; US 10-year yields track sideways
10th Jun 14, 8:35am
More data suggests a good GDP result is coming; US 10-year yields track sideways
UST 10 yields take a while to absorb NFP data but settle at 2.59%; eyes on RBNZ Thursday message
9th Jun 14, 8:53am
UST 10 yields take a while to absorb NFP data but settle at 2.59%; eyes on RBNZ Thursday message
NZ swap rates are too low to allow for a 2% rise in the OCR over the next two years: BNZ
6th Jun 14, 8:17am
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NZ swap rates are too low to allow for a 2% rise in the OCR over the next two years: BNZ
NZ 2-10s swap curve steepened on strong construction data; ECB may implement additional stimulus measures at tonights meeting
5th Jun 14, 8:20am
NZ 2-10s swap curve steepened on strong construction data; ECB may implement additional stimulus measures at tonights meeting
Markets under-estimate the pace of future RBNZ rate hikes especially if the currency subsides: BNZ
4th Jun 14, 8:58am
Markets under-estimate the pace of future RBNZ rate hikes especially if the currency subsides: BNZ
Expect NZ yields to open higher this morning; eyes on RBA commentary and AU retail sales
3rd Jun 14, 8:18am
Expect NZ yields to open higher this morning; eyes on RBA commentary and AU retail sales
Markets now expect only two more OCR hikes by year-end; a shift in global sentiment needed to change expectations
30th May 14, 8:36am
Markets now expect only two more OCR hikes by year-end; a shift in global sentiment needed to change expectations
Local and international data has investors bidding down bond yields
29th May 14, 8:23am
Local and international data has investors bidding down bond yields
Lower NZ yields followed by lower US yields; today eyes will be on pricing intentions data
28th May 14, 7:56am
Lower NZ yields followed by lower US yields; today eyes will be on pricing intentions data
NZ 2-year swap is back at 3.95%, not far from April lows; eyes on US data releases to give direction
27th May 14, 8:03am
NZ 2-year swap is back at 3.95%, not far from April lows; eyes on US data releases to give direction
As Aussie govt bond yields rise and NZ equivalents fall, 'difficult to justify' the new NZ levels
26th May 14, 8:17am
As Aussie govt bond yields rise and NZ equivalents fall, 'difficult to justify' the new NZ levels
US Treasuries show definite reluctance for yields to break below bottom on range
23rd May 14, 7:59am
US Treasuries show definite reluctance for yields to break below bottom on range