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Two banks announce special term deposit offers, both for terms less than one year, and both with rates that compare well with an 18 month term
20th May 18, 10:05am
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Two banks announce special term deposit offers, both for terms less than one year, and both with rates that compare well with an 18 month term
UST yields have nudged a little lower; USD is mainly softer; NZD is modestly higher across the board; NZ rates curve barely showed any movement yesterday
4th May 18, 7:56am
UST yields have nudged a little lower; USD is mainly softer; NZD is modestly higher across the board; NZ rates curve barely showed any movement yesterday
Korean detente ignored. US and UK growth subdued, although US inflation firms. BofJ gives up on 2% inflation target. Eyes on NZ business confidence
30th Apr 18, 8:04am
Korean detente ignored. US and UK growth subdued, although US inflation firms. BofJ gives up on 2% inflation target. Eyes on NZ business confidence
Technical factors behind bold moves higher in local short term rates, pressures that could linger. Long term rates slip
13th Apr 18, 7:56am
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Technical factors behind bold moves higher in local short term rates, pressures that could linger. Long term rates slip
ASB changes term deposit rates, some up, some down, but ensuring key offers still top or match their main rivals. Changes come despite little wholesale pressure
26th Feb 18, 9:29am
ASB changes term deposit rates, some up, some down, but ensuring key offers still top or match their main rivals. Changes come despite little wholesale pressure
NZ rates outperform US equivalents. Markets price next RBNZ hike in May 2019. Eyes on FOMC minutes seeking signals on how inflation signs are being read
20th Feb 18, 8:29am
NZ rates outperform US equivalents. Markets price next RBNZ hike in May 2019. Eyes on FOMC minutes seeking signals on how inflation signs are being read
The Red Bank reduces a set of term deposit rates, plus one mortgage rate, but resists the urge to make any of them market-leading
7th Feb 18, 12:32pm
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The Red Bank reduces a set of term deposit rates, plus one mortgage rate, but resists the urge to make any of them market-leading
UST 10yr can't break higher. NZ bond yields nudge up. Eyes on US non-farm payrolls report but expectations aren't high
2nd Feb 18, 8:28am
UST 10yr can't break higher. NZ bond yields nudge up. Eyes on US non-farm payrolls report but expectations aren't high
Local rates pressed by higher US rates and lower AU rates with the Aussie influence tending to revail with slightly lower yields
1st Feb 18, 8:28am
Local rates pressed by higher US rates and lower AU rates with the Aussie influence tending to revail with slightly lower yields
TSB launches a raised 18 month term deposit offer among two other rate adjustments, one up, one down. It is the fourth bank to move this month
30th Jan 18, 8:16pm
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TSB launches a raised 18 month term deposit offer among two other rate adjustments, one up, one down. It is the fourth bank to move this month
ASB trims two key term deposit rate offers, raises one in changes that merely reposition its rate card to line up with its main rivals
29th Jan 18, 10:29am
ASB trims two key term deposit rate offers, raises one in changes that merely reposition its rate card to line up with its main rivals
Bond yields rise, German bunds +2 bps, USTs +4 bps. But breakout elusive. Eyes on US payrolls
29th Jan 18, 8:21am
Bond yields rise, German bunds +2 bps, USTs +4 bps. But breakout elusive. Eyes on US payrolls
SBS Bank makes a play for term deposit funding with a market-leading one year 'special' of 3.70%. It comes as rivals sit tight on relatively low rate offers
25th Jan 18, 7:22pm
SBS Bank makes a play for term deposit funding with a market-leading one year 'special' of 3.70%. It comes as rivals sit tight on relatively low rate offers
UST yields rise on shutdown risk. But stronger US growth and inflation will encourage Fed tightening. NZ PMI will test business confidence assessments
19th Jan 18, 8:43am
UST yields rise on shutdown risk. But stronger US growth and inflation will encourage Fed tightening. NZ PMI will test business confidence assessments
New Zealand's largest bank trims its hi-viz TD rates, leaving its rivals with better offers, and the challenger banks with much better offers. Weak loan demand may be behind the move
18th Jan 18, 5:43pm
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New Zealand's largest bank trims its hi-viz TD rates, leaving its rivals with better offers, and the challenger banks with much better offers. Weak loan demand may be behind the move
US yield curve flattest in 10 years, distorted by QE durations. Soft AU GDP pushes back next RBA rise. Eyes now on US non-farm payrolls report
7th Dec 17, 7:56am
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US yield curve flattest in 10 years, distorted by QE durations. Soft AU GDP pushes back next RBA rise. Eyes now on US non-farm payrolls report
Markets expect US Fed hike, but long rates slip causing a yield curve flattening. NZ rates rise and steepen. Eyes on AU GDP and US jobs data
6th Dec 17, 8:20am
Markets expect US Fed hike, but long rates slip causing a yield curve flattening. NZ rates rise and steepen. Eyes on AU GDP and US jobs data
UST 10yr yield opened higher and traded a tight range since, up 3 bps to 2.39%; European rates are also higher; in the local rates market, downward pressure remained evident for money market rates
5th Dec 17, 8:13am
UST 10yr yield opened higher and traded a tight range since, up 3 bps to 2.39%; European rates are also higher; in the local rates market, downward pressure remained evident for money market rates
NZ-US 10-year bond spread down to 34 bps, the lowest since 1993. UST 10yr up to 2.42% but volatility lowest since 1979
1st Dec 17, 8:58am
NZ-US 10-year bond spread down to 34 bps, the lowest since 1993. UST 10yr up to 2.42% but volatility lowest since 1979
While ANZ trims term deposit rates, Westpac launches a one year rate at 3.70%, defying a general downward trend
1st Dec 17, 8:40am
While ANZ trims term deposit rates, Westpac launches a one year rate at 3.70%, defying a general downward trend
US yields flatten further but NZ rates perk up at the long end. Powell faces confirmation hearings with pressure to wind back GFC reforms
28th Nov 17, 8:45am
US yields flatten further but NZ rates perk up at the long end. Powell faces confirmation hearings with pressure to wind back GFC reforms
Markets starting to accept the US Fed will be raising rates, ahead of Fed minutes release. Local rates follow. Local migration data unlikely to move markets
22nd Nov 17, 8:09am
Markets starting to accept the US Fed will be raising rates, ahead of Fed minutes release. Local rates follow. Local migration data unlikely to move markets
Equity markets rise in improving outlook. Local liquidity factors weigh on our rates with loan demand soft. Eyes on RBA speech
21st Nov 17, 7:49am
Equity markets rise in improving outlook. Local liquidity factors weigh on our rates with loan demand soft. Eyes on RBA speech
US yields flatten. NZ 90 day bank bill rate hits record low. Domestic liquidity conditions very 'easy'. Lower rates loom as loan demand softens
20th Nov 17, 8:03am
US yields flatten. NZ 90 day bank bill rate hits record low. Domestic liquidity conditions very 'easy'. Lower rates loom as loan demand softens
Yellen expresses frustration over 'lots of speeches'. UST 10yr pulls back from 2.40% level, curve flatter. Eyes on US CPI and AU wage data. Local rates little changed
15th Nov 17, 8:10am
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Yellen expresses frustration over 'lots of speeches'. UST 10yr pulls back from 2.40% level, curve flatter. Eyes on US CPI and AU wage data. Local rates little changed