Inflation
Despite the push higher in NZ bond yields, spreads to offshore counterparts have not widened
20th Aug 13, 8:21am
Despite the push higher in NZ bond yields, spreads to offshore counterparts have not widened
Roger J Kerr wants the RBNZ to continue with its single accountable individual making interest rate decisions
19th Aug 13, 12:13pm
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Roger J Kerr wants the RBNZ to continue with its single accountable individual making interest rate decisions
US Treasuries respond to latest round of data and push though the 2.8% mark to close at 2.83%; their highest levels since July 2011
19th Aug 13, 8:57am
US Treasuries respond to latest round of data and push though the 2.8% mark to close at 2.83%; their highest levels since July 2011
NZ swap rates up 7-12 bps as the steepening bias continues
Bond yields up across the board by 6-10 bps; New issue of $300 mln worth of 2020 government bonds today
15th Aug 13, 8:08am
Bond yields up across the board by 6-10 bps; New issue of $300 mln worth of 2020 government bonds today
Positive data out of the US and Germany sees key bond yields rise; nothing on the cards to derail NZ yields from following suit
14th Aug 13, 8:31am
Positive data out of the US and Germany sees key bond yields rise; nothing on the cards to derail NZ yields from following suit
Forsyth Barr says the flattening yield curve outlook is important for fixed income investors and they should be targeting a duration of around three years
13th Aug 13, 11:09am
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Forsyth Barr says the flattening yield curve outlook is important for fixed income investors and they should be targeting a duration of around three years
Australian pre-election economic and fiscal outlook combined with NAB business confidence survey may confirm market expectations of future RBA activity
13th Aug 13, 7:42am
Australian pre-election economic and fiscal outlook combined with NAB business confidence survey may confirm market expectations of future RBA activity
Roger J Kerr says recent events are a real reminder of just how narrow the base of our economy is
12th Aug 13, 3:15pm
Roger J Kerr says recent events are a real reminder of just how narrow the base of our economy is
Roger J Kerr says the overall trajectory of the US economy is good & US$ weakness is only temporary
12th Aug 13, 3:09pm
Roger J Kerr says the overall trajectory of the US economy is good & US$ weakness is only temporary
Peripheral European spreads to German bonds have crept down to their lowest points since the second half of 2011
12th Aug 13, 10:23am
Peripheral European spreads to German bonds have crept down to their lowest points since the second half of 2011
Market pricing in 80bps of OCR hikes in the year ahead amd 150bps of hikes in the coming two years
9th Aug 13, 8:51am
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Market pricing in 80bps of OCR hikes in the year ahead amd 150bps of hikes in the coming two years
Fed speaker Pianalto says with the US unemployment rate at 7.4% and inflation at 1.3%y/y “we still have a way to go”
8th Aug 13, 8:24am
Fed speaker Pianalto says with the US unemployment rate at 7.4% and inflation at 1.3%y/y “we still have a way to go”
RBNZ remains an outcast with one +25bp hike priced in for March 2014 meeting; already 80% chance of a +25bp hike at January 2014 meeting
6th Aug 13, 5:07pm
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RBNZ remains an outcast with one +25bp hike priced in for March 2014 meeting; already 80% chance of a +25bp hike at January 2014 meeting
Reserve Bank of Australia reduces cash rate by 25 basis points to 2.50%
Westpac and ASB have raised close to NZ$1 bln between them in July via a mix of floating rate and fixed rate bonds
6th Aug 13, 10:24am
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Westpac and ASB have raised close to NZ$1 bln between them in July via a mix of floating rate and fixed rate bonds
Roger J Kerr says it is a mistake to assume NZ will 'always' follow Australia; divergence risk is unusually high at present
5th Aug 13, 12:39pm
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Roger J Kerr says it is a mistake to assume NZ will 'always' follow Australia; divergence risk is unusually high at present
Negative sentiment following Fonterra’s contamination announcement likely to exert downward pressure on NZ yields
5th Aug 13, 8:44am
Negative sentiment following Fonterra’s contamination announcement likely to exert downward pressure on NZ yields
Bonds now more responsive to data than Fed rhetoric; US 10-year yields moved up sharply from 2.60% to 2.69%
2nd Aug 13, 8:22am
Bonds now more responsive to data than Fed rhetoric; US 10-year yields moved up sharply from 2.60% to 2.69%
Outright yields and spreads between LGFA and NZ Govt Stock equivalents appear attractive
1st Aug 13, 8:43am
Outright yields and spreads between LGFA and NZ Govt Stock equivalents appear attractive
ANZ Business Outlook shows confidence is at levels last seen in 1999 - but inflation expectations are rising too
31st Jul 13, 1:19pm
ANZ Business Outlook shows confidence is at levels last seen in 1999 - but inflation expectations are rising too
Borrowers should not rely on pull-backs in yield being deep or prolonged as higher rates are expected by year-end and beyond
31st Jul 13, 9:31am
Borrowers should not rely on pull-backs in yield being deep or prolonged as higher rates are expected by year-end and beyond
Well, so much for the dull and predictable Official Cash Rate review: Forsyth Barr looks at credit markets
30th Jul 13, 5:55pm
Well, so much for the dull and predictable Official Cash Rate review: Forsyth Barr looks at credit markets
The Kiwi dollar heads higher, pushed up by remarks from the RBA Governor
Another chunky tender of longer duration bonds from LGFA; auctioning $10m of 2015s and $185m of 2021s
30th Jul 13, 8:47am
Another chunky tender of longer duration bonds from LGFA; auctioning $10m of 2015s and $185m of 2021s