Bonds

26th Feb 21, 8:01am
Huge moves (up) in bond yields again overnight putting pressure on equities, especially tech stocks. NZD hits new post-2018 high yesterday, above 0.7450, before slipping back. NZ 10-year swap hits 2% as market moves to price >50% chance of an OCR hike
Huge moves (up) in bond yields again overnight putting pressure on equities, especially tech stocks. NZD hits new post-2018 high yesterday, above 0.7450, before slipping back. NZ 10-year swap hits 2% as market moves to price >50% chance of an OCR hike
26th Feb 21, 8:01am
26th Feb 21, 7:27am
US data uniformly positive; China 'eliminates' poverty; resistant ASF returns; RBNZ housing policy move leads bond prices sharply lower; UST 10yr at 1.46%; oil up and gold dumped; NZ$1 = 74.3 USc; TWI-5 = 75.2
US data uniformly positive; China 'eliminates' poverty; resistant ASF returns; RBNZ housing policy move leads bond prices sharply lower; UST 10yr at 1.46%; oil up and gold dumped; NZ$1 = 74.3 USc; TWI-5 = 75.2
26th Feb 21, 7:27am
25th Feb 21, 5:00pm
Requirement for RBNZ to consider house prices when setting monetary policy sees financial markets do the opposite of what the RBNZ wants - bet on higher interest rates
Requirement for RBNZ to consider house prices when setting monetary policy sees financial markets do the opposite of what the RBNZ wants - bet on higher interest rates
25th Feb 21, 5:00pm
25th Feb 21, 3:59pm
A review of things you need to know before you go home on Thursday; inflation looming, Govt forces RBNZ on housing, Fonterra raises profit guidance, A2 Milk savaged, swaps up, NZD up, & much more
A review of things you need to know before you go home on Thursday; inflation looming, Govt forces RBNZ on housing, Fonterra raises profit guidance, A2 Milk savaged, swaps up, NZD up, & much more
25th Feb 21, 3:59pm
25th Feb 21, 2:11pm
NZ Govt Bond Tender #757; Tender Date 25 Feb 2021
NZ Govt Bond Tender #757; Tender Date 25 Feb 2021
25th Feb 21, 2:11pm
25th Feb 21, 9:31am
RBNZ Governor Adrian Orr tells banks to lower interest rates more, noting that if offshore funding costs increase, the RBNZ can offer cheap freshly-printed cash
RBNZ Governor Adrian Orr tells banks to lower interest rates more, noting that if offshore funding costs increase, the RBNZ can offer cheap freshly-printed cash
25th Feb 21, 9:31am
25th Feb 21, 8:01am
Global reflation trade the predominant force, drives US equities higher, supported by a dovish Fed. UST10s stretch to 1.43% before wave of buying ensues. NZ rates push higher and add risk to tightening cycle beginning next year
Global reflation trade the predominant force, drives US equities higher, supported by a dovish Fed. UST10s stretch to 1.43% before wave of buying ensues. NZ rates push higher and add risk to tightening cycle beginning next year
25th Feb 21, 8:01am
25th Feb 21, 7:30am
US mortgage applications dip as interest rates rise; Taiwan exports zoom; Hong Kong hikes stamp duties; China launches huge stimulus; UST 10yr at 1.38%; oil up and gold down; NZ$1 = 74.1 USc; TWI-5 = 75
US mortgage applications dip as interest rates rise; Taiwan exports zoom; Hong Kong hikes stamp duties; China launches huge stimulus; UST 10yr at 1.38%; oil up and gold down; NZ$1 = 74.1 USc; TWI-5 = 75
25th Feb 21, 7:30am
24th Feb 21, 3:59pm
A review of things you need to know before you go home on Wednesday; no retail rate changes, dovish MPS, Methanex retreats, swaps little-changed, NZD firms, bitcoin drops, & more
A review of things you need to know before you go home on Wednesday; no retail rate changes, dovish MPS, Methanex retreats, swaps little-changed, NZD firms, bitcoin drops, & more
24th Feb 21, 3:59pm
24th Feb 21, 2:14pm
Reserve Bank leaves key monetary settings unchanged and says it will keep conditions stimulatory till confident of achieving 2% inflation and meeting its employment targets
Reserve Bank leaves key monetary settings unchanged and says it will keep conditions stimulatory till confident of achieving 2% inflation and meeting its employment targets
24th Feb 21, 2:14pm
24th Feb 21, 7:52am
Equity markets remain under pressure. US Treasury rates consolidate. Only small currency moves, with the NZD remaining near its high. RBNZ MPS in focus today - to remain dovish, but less dovish than November
Equity markets remain under pressure. US Treasury rates consolidate. Only small currency moves, with the NZD remaining near its high. RBNZ MPS in focus today - to remain dovish, but less dovish than November
24th Feb 21, 7:52am
24th Feb 21, 7:24am
US Fed a long way from policy targets; US consumer sentiment improves; Musk dethroned; China returns to work quickly; aggressive China-first policies; UST 10yr at 1.36%; oil up and gold down; NZ$1 = 73.3 USc; TWI-5 = 74.3
US Fed a long way from policy targets; US consumer sentiment improves; Musk dethroned; China returns to work quickly; aggressive China-first policies; UST 10yr at 1.36%; oil up and gold down; NZ$1 = 73.3 USc; TWI-5 = 74.3
24th Feb 21, 7:24am
23rd Feb 21, 3:59pm
A review of things you need to know before you go home on Tuesday; no retail rate changes, retail trade eases, $300 bln of mortgages rise fast, $400 bln of deposits rise fast too, swaps unchanged, NZD stays high, & more
A review of things you need to know before you go home on Tuesday; no retail rate changes, retail trade eases, $300 bln of mortgages rise fast, $400 bln of deposits rise fast too, swaps unchanged, NZD stays high, & more
23rd Feb 21, 3:59pm
23rd Feb 21, 7:53am
Rates fall back overnight after yesterday's carnage. Commodity prices on the charge, supporting fresh highs in NZD and AUD. USD broadly weaker as well 
Rates fall back overnight after yesterday's carnage. Commodity prices on the charge, supporting fresh highs in NZD and AUD. USD broadly weaker as well 
23rd Feb 21, 7:53am
23rd Feb 21, 7:20am
US data positive, mortgage rates rise; German business sentiment up; ECB worries about rising rates; China declares food security issue #1; UST 10yr at 1.35%; oil and gold up; NZ$1 = 73.3 USc; TWI-5 = 74.3
US data positive, mortgage rates rise; German business sentiment up; ECB worries about rising rates; China declares food security issue #1; UST 10yr at 1.35%; oil and gold up; NZ$1 = 73.3 USc; TWI-5 = 74.3
23rd Feb 21, 7:20am
22nd Feb 21, 4:01pm
Former RBNZ chairman Arthur Grimes says the Reserve Bank should tighten monetary policy gradually and continue this tightening till house prices return to 'a much more affordable level'
Former RBNZ chairman Arthur Grimes says the Reserve Bank should tighten monetary policy gradually and continue this tightening till house prices return to 'a much more affordable level'
22nd Feb 21, 4:01pm
22nd Feb 21, 3:59pm
A review of things you need to know before you go home on Monday; strong farm sales, searing mortgage market, survey sees more, NZ credit rating raised, bond yields jump, NZD higher, & more
A review of things you need to know before you go home on Monday; strong farm sales, searing mortgage market, survey sees more, NZ credit rating raised, bond yields jump, NZD higher, & more
22nd Feb 21, 3:59pm
22nd Feb 21, 7:43am
Bond yields higher again, as reflationary sentiment dominates. S&P500 down slightly, but big gains for cyclical and small cap stocks. USD lower despite higher US real yields. NZD up to 0.73, AUD makes a fresh three-year high
Bond yields higher again, as reflationary sentiment dominates. S&P500 down slightly, but big gains for cyclical and small cap stocks. USD lower despite higher US real yields. NZD up to 0.73, AUD makes a fresh three-year high
22nd Feb 21, 7:43am
22nd Feb 21, 7:19am
Growing China keeps commodity prices high; US factory activity rises; Japanese sentiment improves; Aussie retail sales jump; rate rises elevate investor risks; UST 10yr at 1.34%; oil down and gold holds; NZ$1 = 73 USc; TWI-5 = 74.2
Growing China keeps commodity prices high; US factory activity rises; Japanese sentiment improves; Aussie retail sales jump; rate rises elevate investor risks; UST 10yr at 1.34%; oil down and gold holds; NZ$1 = 73 USc; TWI-5 = 74.2
22nd Feb 21, 7:19am
20th Feb 21, 8:29am
US economic activity up, but Fed worries about bankruptcies; China consumption strong; commodity prices gain; Australian retail sales race higher; UST 10yr at 1.35%; oil down and gold holds; NZ$1 = 72.9 USc; TWI-5 = 74.2
US economic activity up, but Fed worries about bankruptcies; China consumption strong; commodity prices gain; Australian retail sales race higher; UST 10yr at 1.35%; oil down and gold holds; NZ$1 = 72.9 USc; TWI-5 = 74.2
20th Feb 21, 8:29am
19th Feb 21, 3:59pm
A review of things you need to know before you go home on Friday; no retail rate changes, PPI flat, M.bovis inquiry, mortgage lending frenzy, swap rates stable, NZD firms slightly, & more
A review of things you need to know before you go home on Friday; no retail rate changes, PPI flat, M.bovis inquiry, mortgage lending frenzy, swap rates stable, NZD firms slightly, & more
19th Feb 21, 3:59pm
19th Feb 21, 7:57am
Equities fall back after their recent strong run. Nerves on higher global bond rates backdrop and weak US labour market data not helping. NZD remains range-bound; GBP still in favour
Equities fall back after their recent strong run. Nerves on higher global bond rates backdrop and weak US labour market data not helping. NZD remains range-bound; GBP still in favour
19th Feb 21, 7:57am
19th Feb 21, 7:26am
US jobless claims stay high; US life expectancy falls; China lightens liquidity; iron ore prices rise; reflation trade spreads; Aussie jobless rate falls; UST 10yr at 1.28%; oil up and gold down; NZ$1 = 72 USc; TWI-5 = 73.5
US jobless claims stay high; US life expectancy falls; China lightens liquidity; iron ore prices rise; reflation trade spreads; Aussie jobless rate falls; UST 10yr at 1.28%; oil up and gold down; NZ$1 = 72 USc; TWI-5 = 73.5
19th Feb 21, 7:26am
18th Feb 21, 3:59pm
A review of things you need to know before you go home on Thursday; Crown accounts edge back into surplus in December month, median age rises, bond yields rise, swaps firm, NZD slips, & more
A review of things you need to know before you go home on Thursday; Crown accounts edge back into surplus in December month, median age rises, bond yields rise, swaps firm, NZD slips, & more
18th Feb 21, 3:59pm
18th Feb 21, 2:22pm
NZ Govt Bond Tender #756; Tender Date 18 Feb 2021
NZ Govt Bond Tender #756; Tender Date 18 Feb 2021
18th Feb 21, 2:22pm

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