Swap rates
RBNZ review not expected to be market moving. Eyes on RBA. US sees rush of corporate bond offerings
7th Mar 17, 7:59am
RBNZ review not expected to be market moving. Eyes on RBA. US sees rush of corporate bond offerings
Yellen says Fed not 'behind the curve' this time. Local rates steady. New NZ 2040 inflation-indexed bond well supported
6th Mar 17, 9:23am
Yellen says Fed not 'behind the curve' this time. Local rates steady. New NZ 2040 inflation-indexed bond well supported
More upside pressure today with rate curves steepening as markets prepare for US Fed rate hikes, while they remain convinced Wheeler won't be moving local benchmarks any time soon
3rd Mar 17, 8:01am
More upside pressure today with rate curves steepening as markets prepare for US Fed rate hikes, while they remain convinced Wheeler won't be moving local benchmarks any time soon
Term deposit rates start rising for savers and the prospect of 4% offers inch closer. One major bank offers that for a 3 year term, NBDTs offer that for a one year term
2nd Mar 17, 12:14pm
2
Term deposit rates start rising for savers and the prospect of 4% offers inch closer. One major bank offers that for a 3 year term, NBDTs offer that for a one year term
Views of future inflation are changing interest rate market expectations, and firms pricing intentions starting to point higher too
1st Mar 17, 9:15am
Views of future inflation are changing interest rate market expectations, and firms pricing intentions starting to point higher too
Comments from a US Fed voter pushes US benchmarks up. Markets await Trump speech, but it is now unlikely to include his 'phenominal' fiscal package
28th Feb 17, 8:27am
Comments from a US Fed voter pushes US benchmarks up. Markets await Trump speech, but it is now unlikely to include his 'phenominal' fiscal package
Europeans lead rates lower. US bond traders see Fed changing its tune. Local markets see hikes coming later in year, with inflation stirring
27th Feb 17, 8:15am
1
Europeans lead rates lower. US bond traders see Fed changing its tune. Local markets see hikes coming later in year, with inflation stirring
Softer-than-expected US data halted a rise in the UST benchmark yields. Markets now await US Fed minutes for direction
22nd Feb 17, 8:50am
Softer-than-expected US data halted a rise in the UST benchmark yields. Markets now await US Fed minutes for direction
Despite strong US data, yields have not pushed higher. Markets await Trump budget. NZ rates slip
20th Feb 17, 7:54am
Despite strong US data, yields have not pushed higher. Markets await Trump budget. NZ rates slip
Despite data that should support sentiment, markets adopt a softer more cautious tone, with added concerns out of Europe
17th Feb 17, 8:01am
Despite data that should support sentiment, markets adopt a softer more cautious tone, with added concerns out of Europe
Global reflation trade will press rates higher at some point. But in the short term short end rates will remain 'tightly bound'
16th Feb 17, 7:44am
Global reflation trade will press rates higher at some point. But in the short term short end rates will remain 'tightly bound'
US Fed chief likely to keep alive 3 rate hikes in 2017. Markets sceptical. UST yields rise. Local wholesale rates likely to stay in a tight range
14th Feb 17, 7:57am
US Fed chief likely to keep alive 3 rate hikes in 2017. Markets sceptical. UST yields rise. Local wholesale rates likely to stay in a tight range
Another Fed official resigns. Local swap curve steepen following February MPS, but top end may be near
13th Feb 17, 7:55am
1
Another Fed official resigns. Local swap curve steepen following February MPS, but top end may be near
US yield falls are followed by even larger NZ falls. But a bounce today expected. Markets back away from pricing in a RBNZ hike in 2017
10th Feb 17, 7:55am
1
US yield falls are followed by even larger NZ falls. But a bounce today expected. Markets back away from pricing in a RBNZ hike in 2017
Markets drift in US and Europe as traders lose conviction in the Fed-hike trade. Lack of inflation smoking gun has them wary
9th Feb 17, 7:57am
1
Markets drift in US and Europe as traders lose conviction in the Fed-hike trade. Lack of inflation smoking gun has them wary
Longer term swap rates take a chunky fall. Attention now turns to RBNZ MPS. Observers see the RBNZ resistant to signaling a higher rate track in the outer period
8th Feb 17, 8:33am
Longer term swap rates take a chunky fall. Attention now turns to RBNZ MPS. Observers see the RBNZ resistant to signaling a higher rate track in the outer period
Kiwibank catches up to recent term deposit rate moves by rivals, but its unchanged six month 3.75% rate is still the market leader for this term
7th Feb 17, 12:04pm
Kiwibank catches up to recent term deposit rate moves by rivals, but its unchanged six month 3.75% rate is still the market leader for this term
European political risk rising. US benchmark rates falling. Eyes on next GDT auction, then on RBNZ's MPS
7th Feb 17, 7:55am
European political risk rising. US benchmark rates falling. Eyes on next GDT auction, then on RBNZ's MPS
UST 10yr to respect a tight range 'for a while yet' before moving higher. Eyes on US non-farm payrolls report. Local rates steepen
3rd Feb 17, 8:02am
UST 10yr to respect a tight range 'for a while yet' before moving higher. Eyes on US non-farm payrolls report. Local rates steepen
NZ swap rates down 2bps across the curve; UST yeilds up as market prices in more than two rate hikes for 2017
2nd Feb 17, 8:10am
NZ swap rates down 2bps across the curve; UST yeilds up as market prices in more than two rate hikes for 2017
Eyes on US Fed after modest falls in US yields and toning down of rate hike expectations. Eyes also on NZ labour market data, especially wage inflation
1st Feb 17, 8:11am
Eyes on US Fed after modest falls in US yields and toning down of rate hike expectations. Eyes also on NZ labour market data, especially wage inflation
NZ swap rates slightly lower across the curve; Greek 10yr yields up 39bps; US 10yr yields unchanged after trading in a tight range
31st Jan 17, 8:32am
NZ swap rates slightly lower across the curve; Greek 10yr yields up 39bps; US 10yr yields unchanged after trading in a tight range
NZGB bonds don't rally despite strong NZ Govt accounts. Opens up possiblility of fewer bond tenders. Eyes on US Fed
30th Jan 17, 8:46am
NZGB bonds don't rally despite strong NZ Govt accounts. Opens up possiblility of fewer bond tenders. Eyes on US Fed
Term deposit savers are being offered higher rates but the rises are more modest overall than what borrowers face. However there are standout offers from selected institutions across all terms
28th Jan 17, 11:02am
10
Term deposit savers are being offered higher rates but the rises are more modest overall than what borrowers face. However there are standout offers from selected institutions across all terms
Steeper local curves follow offshore shifts. NZGB yields rise more than swap. Eyes turn to major central bank reviews next week
27th Jan 17, 8:43am
Steeper local curves follow offshore shifts. NZGB yields rise more than swap. Eyes turn to major central bank reviews next week