Swap rates
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
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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
Eyes on NZ CPI with markets ready to reset RBNZ rate outlook if surprised. Wheeler speech not expected to be influential. US yields rising, testing top of current range
26th Jan 17, 8:25am
Eyes on NZ CPI with markets ready to reset RBNZ rate outlook if surprised. Wheeler speech not expected to be influential. US yields rising, testing top of current range
We check the claims by bankers that mortgage rates are rising because of 'funding pressures'. We find some justification, but recent holiday hikes seem more about margin boosting
25th Jan 17, 5:07pm
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We check the claims by bankers that mortgage rates are rising because of 'funding pressures'. We find some justification, but recent holiday hikes seem more about margin boosting
NZ rates fell modestly. Eyes now on AU CPI, but no smoking gun expected for easing expected. US rates expected to range-trade given speculative positioning
25th Jan 17, 7:47am
NZ rates fell modestly. Eyes now on AU CPI, but no smoking gun expected for easing expected. US rates expected to range-trade given speculative positioning
Trump policies driving trade concerns, moving investors to more risk-averse positions. Bond prices rise. Yellen sees only modest inflation pressure
24th Jan 17, 8:12am
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Trump policies driving trade concerns, moving investors to more risk-averse positions. Bond prices rise. Yellen sees only modest inflation pressure
Yellen speech and higher US inflation underpin market expectations of 2017 Fed hikes. Local rates jump, and further rises expected today
20th Jan 17, 8:22am
Yellen speech and higher US inflation underpin market expectations of 2017 Fed hikes. Local rates jump, and further rises expected today
ANZ changes rates for investors, decreasing some, and raising others but by a much smaller change than for borrowers. However ANZ remains remains very competitive compared with its main rivals
19th Jan 17, 10:24am
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ANZ changes rates for investors, decreasing some, and raising others but by a much smaller change than for borrowers. However ANZ remains remains very competitive compared with its main rivals
NZ 2yr and 10yr swaps trading at 2.40% and 3.40% respectively; UST rates reverse yesterday's move up across the curve, 10yr up 5bps to 2.37%; UK and Germany 10yr rates up 3bps
19th Jan 17, 9:03am
NZ 2yr and 10yr swaps trading at 2.40% and 3.40% respectively; UST rates reverse yesterday's move up across the curve, 10yr up 5bps to 2.37%; UK and Germany 10yr rates up 3bps
UST yields at the lowest level in a month, 10yr rate down to 2.35%; UK CPI reaches a 2-year high as weaker GBP feeds through; Quiet trading day in NZ with the swap curve holding constant
18th Jan 17, 8:06am
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UST yields at the lowest level in a month, 10yr rate down to 2.35%; UK CPI reaches a 2-year high as weaker GBP feeds through; Quiet trading day in NZ with the swap curve holding constant
With Wall Street closed, local attention shifts to the REINZ data, and the NZIER's QSBO. Then eyes move to the next dairy auction
17th Jan 17, 8:45am
With Wall Street closed, local attention shifts to the REINZ data, and the NZIER's QSBO. Then eyes move to the next dairy auction
Speculative short positions in US 10yr Treasuries at historic levels which may need unwinding. US on holiday. Rates in consolidation phase
16th Jan 17, 7:46am
Speculative short positions in US 10yr Treasuries at historic levels which may need unwinding. US on holiday. Rates in consolidation phase
Markets expect next CPI data to show inflation up into RBNZ's target range. NZGB yields fall faster than swaps. Lack of detail about new US Administralion plans sees pullback
13th Jan 17, 8:25am
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Markets expect next CPI data to show inflation up into RBNZ's target range. NZGB yields fall faster than swaps. Lack of detail about new US Administralion plans sees pullback
We put an age old mantra to the test to find out whether institutions with similar credit ratings offer similar term deposit rates
12th Jan 17, 3:35pm
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We put an age old mantra to the test to find out whether institutions with similar credit ratings offer similar term deposit rates
Attention turns to when the RBNZ starts hiking. NZ swaps open marginally higher. German yields drift lower, US yields in tight range
12th Jan 17, 7:56am
Attention turns to when the RBNZ starts hiking. NZ swaps open marginally higher. German yields drift lower, US yields in tight range
Local rates fall following Wall Street signals, reversing most of Monday's rise. NZGBs are attracting 'inherent appeal' for four key reasons
11th Jan 17, 8:04am
Local rates fall following Wall Street signals, reversing most of Monday's rise. NZGBs are attracting 'inherent appeal' for four key reasons
Eyes on Chinese inflation data, "a precursor to broadening inflationary pressures globally". NZ yields follow US moves closely
10th Jan 17, 8:33am
Eyes on Chinese inflation data, "a precursor to broadening inflationary pressures globally". NZ yields follow US moves closely
Expect NZ yields to get a boost today and the curve steepen. Markets now expect at least two US Fed hikes in 2017. NZGBs have outperformed swap in recent weeks
9th Jan 17, 7:27am
Expect NZ yields to get a boost today and the curve steepen. Markets now expect at least two US Fed hikes in 2017. NZGBs have outperformed swap in recent weeks
We review what is on offer to term deposit savers, what is currently driving rates, and how to benefit from what appears to be a rising market
8th Jan 17, 8:08am
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We review what is on offer to term deposit savers, what is currently driving rates, and how to benefit from what appears to be a rising market
Eyes on NZ GDP and current account. NZ rate curve flattens with markets fully pricing a 2017 RBNZ rate hike. Payside pressure at the short end
22nd Dec 16, 8:11am
Eyes on NZ GDP and current account. NZ rate curve flattens with markets fully pricing a 2017 RBNZ rate hike. Payside pressure at the short end
NZ 2yr swap rates down 1bps to 2.425% and 10yr rates down 2.5bps to 3.595%; UST 10yr yields up 2bps to 2.56%, trading in the 2.54%-2.59% range; German 10yr yields up 2bps to 0.27%
21st Dec 16, 8:01am
NZ 2yr swap rates down 1bps to 2.425% and 10yr rates down 2.5bps to 3.595%; UST 10yr yields up 2bps to 2.56%, trading in the 2.54%-2.59% range; German 10yr yields up 2bps to 0.27%
NZGB yields push higher making fresh highs; UST rates down across the yield curve; net speculative UST data shows short positions at historical highs, which should control yields in the short term; German 10yr yields down 7bps to 0.24%
20th Dec 16, 8:13am
NZGB yields push higher making fresh highs; UST rates down across the yield curve; net speculative UST data shows short positions at historical highs, which should control yields in the short term; German 10yr yields down 7bps to 0.24%
NZ bond and swap yields up across the curve on increased monetary policy tightening expectations; UST rates lower, 2yr and 10yr rates down 2bps and 1bps respectively; UK and German 10yr rates fall by 5bps
19th Dec 16, 8:52am
NZ bond and swap yields up across the curve on increased monetary policy tightening expectations; UST rates lower, 2yr and 10yr rates down 2bps and 1bps respectively; UK and German 10yr rates fall by 5bps