Inflation
BNZ maintains market continues to under-estimate the pace of gradual OCR hikes that will unfold
28th May 13, 8:16am
BNZ maintains market continues to under-estimate the pace of gradual OCR hikes that will unfold
For US bond yields to drive higher it will require convincing upside surprises on labour data or direct comments on the timing of QE 'tapering'
27th May 13, 8:39am
For US bond yields to drive higher it will require convincing upside surprises on labour data or direct comments on the timing of QE 'tapering'
The market is pricing in a 70% chance of 25 bp hike from RBNZ in 12-months time
24th May 13, 8:55am
The market is pricing in a 70% chance of 25 bp hike from RBNZ in 12-months time
RBNZ survey of inflation expectations shows slight easing in 2-year-ahead expectations from 2.17% to 2.06%
22nd May 13, 8:15am
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RBNZ survey of inflation expectations shows slight easing in 2-year-ahead expectations from 2.17% to 2.06%
Reserve Bank household expectations survey shows a net 67.9% of people now expect house prices to rise in the next year, down from record high 74.3%
21st May 13, 3:39pm
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Reserve Bank household expectations survey shows a net 67.9% of people now expect house prices to rise in the next year, down from record high 74.3%
Moody’s warns the US sovereign credit rating remains vulnerable to downgrade if projected rise in debt levels is not addressed
21st May 13, 8:21am
Moody’s warns the US sovereign credit rating remains vulnerable to downgrade if projected rise in debt levels is not addressed
Investors pile into longer dated NZ bonds causing flattening bias to yield curve
20th May 13, 8:43am
Investors pile into longer dated NZ bonds causing flattening bias to yield curve
Budget confirms bond issuance for next 12 months; DMO's desire is for inflation-indexed bonds to reach up to 20% of outstanding bonds
17th May 13, 8:10am
Budget confirms bond issuance for next 12 months; DMO's desire is for inflation-indexed bonds to reach up to 20% of outstanding bonds
RBNZ data shows 69% of NZ Govt bonds are owned offshore, up from 68.3% previously
15th May 13, 8:30am
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RBNZ data shows 69% of NZ Govt bonds are owned offshore, up from 68.3% previously
The yield on Japanese 10-year bonds hits 0.80%; If BoJ's policies to stimulate inflation are successful yields are expected to rise higher
14th May 13, 8:34am
The yield on Japanese 10-year bonds hits 0.80%; If BoJ's policies to stimulate inflation are successful yields are expected to rise higher
NZ 10-year yields rise 18 bps last week and our bonds are following sell-offs in offshore markets
13th May 13, 8:26am
NZ 10-year yields rise 18 bps last week and our bonds are following sell-offs in offshore markets
NZ bonds continue to trek lower with 10-year bond yields sit within 10 bps of all-time lows
10th May 13, 8:35am
NZ bonds continue to trek lower with 10-year bond yields sit within 10 bps of all-time lows
AU short-end swaps closed down after RBA rate cut and leaves door open for further cuts
8th May 13, 8:36am
AU short-end swaps closed down after RBA rate cut and leaves door open for further cuts
Opinion: With inflation expectations 'anchored', major central banks err on the side of providing too much stimulus rather than too little
8th May 13, 6:10am
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Opinion: With inflation expectations 'anchored', major central banks err on the side of providing too much stimulus rather than too little
Bond yields decline further making it hard for investors with cash to find a home
7th May 13, 3:22pm
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Bond yields decline further making it hard for investors with cash to find a home
Fears of a Spring slowdown in US growth diminish, US long bonds look likely to extend their sell-off
7th May 13, 8:20am
Fears of a Spring slowdown in US growth diminish, US long bonds look likely to extend their sell-off
Stronger-than-expected US nonfarm payrolls pushes US 10-year bond yields up to 1.74%; Equivalent German bond yields also higher
6th May 13, 8:48am
Stronger-than-expected US nonfarm payrolls pushes US 10-year bond yields up to 1.74%; Equivalent German bond yields also higher
Market ratchets up expectations for RBA rate cut on back of weak AU building approvals
3rd May 13, 8:35am
Market ratchets up expectations for RBA rate cut on back of weak AU building approvals
HiFX's Dan Bell looks at the US Fed's latest FOMC statement, US 'fiscal drag', the big fall in the gold price, and next week's Australian interest rate review
3rd May 13, 7:41am
HiFX's Dan Bell looks at the US Fed's latest FOMC statement, US 'fiscal drag', the big fall in the gold price, and next week's Australian interest rate review
2-10s swap yields at lower end of range and approaching levels that BNZ expects will see a steepening in the curve
2nd May 13, 8:39am
2-10s swap yields at lower end of range and approaching levels that BNZ expects will see a steepening in the curve
Shortage of sale listings prompts vendors to seek record high prices for houses according to latest figures through Realestate.co.nz
1st May 13, 10:14am
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Shortage of sale listings prompts vendors to seek record high prices for houses according to latest figures through Realestate.co.nz
NZ 10 year bonds yielding 3.19% and spreads to US and AU equivalents remain at bottom of ranges
30th Apr 13, 8:26am
NZ 10 year bonds yielding 3.19% and spreads to US and AU equivalents remain at bottom of ranges
Roger J Kerr says it's not the retailer-generators causing power price inflation, it's the Govt-owned grid and highly regulated lines companies
29th Apr 13, 11:07am
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Roger J Kerr says it's not the retailer-generators causing power price inflation, it's the Govt-owned grid and highly regulated lines companies
Latest bond auction attracted coverage of 4.4 times with successful bids at premium to mid point in market
29th Apr 13, 8:39am
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Latest bond auction attracted coverage of 4.4 times with successful bids at premium to mid point in market
Market pricing in 50bps of cuts in Australia but RBA may not move just yet
24th Apr 13, 8:53am
Market pricing in 50bps of cuts in Australia but RBA may not move just yet