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Swap rates

Bond markets adjust after suspicion that price firming has been overdone. US Fed resolve and risk-on sentiment may underpin rises in local wholesale rates
26th Apr 17, 8:05am
Bond markets adjust after suspicion that price firming has been overdone. US Fed resolve and risk-on sentiment may underpin rises in local wholesale rates
US tax cuts take focus - but border tax may be abandoned. Implications for US deficits queried. US Fed says still on track for two more 2017 rate increases
24th Apr 17, 8:42am
US tax cuts take focus - but border tax may be abandoned. Implications for US deficits queried. US Fed says still on track for two more 2017 rate increases
A $1 bln co-operative financial sector, flying under the radar and growing strongly, offers some high returns for savers
23rd Apr 17, 2:22pm
2
A $1 bln co-operative financial sector, flying under the radar and growing strongly, offers some high returns for savers
NZ CPI rise expected although RBNZ vows to 'look-through' it. Yield curve flatter. Markets welcome more NZGB supply
20th Apr 17, 8:10am
NZ CPI rise expected although RBNZ vows to 'look-through' it. Yield curve flatter. Markets welcome more NZGB supply
NZ rates flatter as markets question whether the US Fed will raise rates in 2017. UST 10yr yields bounce back from lows. NZ eyes on Q1 CPI
18th Apr 17, 8:07am
NZ rates flatter as markets question whether the US Fed will raise rates in 2017. UST 10yr yields bounce back from lows. NZ eyes on Q1 CPI
Investors pile in to NZ Govt bonds that are in short supply, driving yields to test the 3% level for the 10yr. Local swap rates show flatter bias
13th Apr 17, 10:43am
Investors pile in to NZ Govt bonds that are in short supply, driving yields to test the 3% level for the 10yr. Local swap rates show flatter bias
Global forces, pushed by heightened geopolitical risks, are weighing on yields as investors move into bonds for safety. NZ Govt 10yr on track to go sub 3%
12th Apr 17, 7:56am
Global forces, pushed by heightened geopolitical risks, are weighing on yields as investors move into bonds for safety. NZ Govt 10yr on track to go sub 3%
Local monetary conditions tightening, seeing some rates rise. Interest rate markets waiting on US jobs report. US Fed may first raise rates, then start bond selldown
7th Apr 17, 8:15am
Local monetary conditions tightening, seeing some rates rise. Interest rate markets waiting on US jobs report. US Fed may first raise rates, then start bond selldown
Fed minutes take gloss off of good US jobs report. Germans want ECB to take foot off pedal 'slightly'. LGFA bond tender impresses markets
6th Apr 17, 8:09am
Fed minutes take gloss off of good US jobs report. Germans want ECB to take foot off pedal 'slightly'. LGFA bond tender impresses markets
Sharp fall in local wholesale rates may turn around today after US moves today sees higher yields. Focus now on Xi-Trump meeting, and US jobs reports
5th Apr 17, 7:55am
Sharp fall in local wholesale rates may turn around today after US moves today sees higher yields. Focus now on Xi-Trump meeting, and US jobs reports
Local rates follow the US. Markets expect no OCR change in 2017, but investors watching CPI signals
31st Mar 17, 8:16am
Local rates follow the US. Markets expect no OCR change in 2017, but investors watching CPI signals
ECB to sit pat. Fed speakers sing similar tunes. Local rates firm ahead of inflation clues. Offshore markets eye some important data signals
30th Mar 17, 8:23am
ECB to sit pat. Fed speakers sing similar tunes. Local rates firm ahead of inflation clues. Offshore markets eye some important data signals
Many US Fed officials speaking but Fischer's TV slot saying two more due in 2017 boosts markets. UST yields rise. Local rates may see upward pressure as a result
29th Mar 17, 8:31am
Many US Fed officials speaking but Fischer's TV slot saying two more due in 2017 boosts markets. UST yields rise. Local rates may see upward pressure as a result
Despite the chorus of Fed speakers talking up the need for even more 2017 rate hikes, markets are sceptcal, especially for the longer term
28th Mar 17, 8:39am
Despite the chorus of Fed speakers talking up the need for even more 2017 rate hikes, markets are sceptcal, especially for the longer term
Markets starting to doubt Fed can raise rates if Trump stumbles. Markets also increasing doubts the RBNZ can raise its rate anytime this year
23rd Mar 17, 8:14am
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Markets starting to doubt Fed can raise rates if Trump stumbles. Markets also increasing doubts the RBNZ can raise its rate anytime this year
The RBNZ's neutral stance to be tested as inflation signals rise. Markets mark down US yields as Trump stimulus plans start to look like just hot air
22nd Mar 17, 8:02am
The RBNZ's neutral stance to be tested as inflation signals rise. Markets mark down US yields as Trump stimulus plans start to look like just hot air
Fed speakers offer varied opinions but no clear steer.  UST 10yr weakens and flattens all within settled range. Local rates to follow lower
21st Mar 17, 8:51am
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Fed speakers offer varied opinions but no clear steer.  UST 10yr weakens and flattens all within settled range. Local rates to follow lower
Markets not expecting surprises this week, especially from the RBNZ. Fed speakers may get a clear run, and 'garner more attention than deserved'
20th Mar 17, 7:52am
Markets not expecting surprises this week, especially from the RBNZ. Fed speakers may get a clear run, and 'garner more attention than deserved'
Soft NZ GDP release, the less hawkish US Fed, and soft Australian jobs report drives NZ rates lower across the curve. But inflation stirring anyway
17th Mar 17, 8:12am
Soft NZ GDP release, the less hawkish US Fed, and soft Australian jobs report drives NZ rates lower across the curve. But inflation stirring anyway
Quiet markets eye US Fed's dot plot. Local markets still ambivalent about a RBNZ rate hike in November. Next up, NZ's current account data
15th Mar 17, 8:25am
Quiet markets eye US Fed's dot plot. Local markets still ambivalent about a RBNZ rate hike in November. Next up, NZ's current account data
Eyes of Fed guidance, especially the dot plot. Local rates move down, but BNZ bets NZ CPI will be significantly higher than RBNZ assumptions when Q1-17 released
14th Mar 17, 8:21am
Eyes of Fed guidance, especially the dot plot. Local rates move down, but BNZ bets NZ CPI will be significantly higher than RBNZ assumptions when Q1-17 released
Offshore pressure drove NZ curves higher and steeper, but weekend data may see this reverse today. Key data due later in week
13th Mar 17, 8:23am
Offshore pressure drove NZ curves higher and steeper, but weekend data may see this reverse today. Key data due later in week
Led by Germany, global rates rise. US payrolls next focus with eyes on wages. Local markets see a rate hike here well before RBNZ's expectations
10th Mar 17, 8:13am
Led by Germany, global rates rise. US payrolls next focus with eyes on wages. Local markets see a rate hike here well before RBNZ's expectations
TSB Bank offers savers 4% for two years with a new 'special', as rising deposit rates keep coming even though wholesale interest rates are not moving
9th Mar 17, 9:32am
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TSB Bank offers savers 4% for two years with a new 'special', as rising deposit rates keep coming even though wholesale interest rates are not moving
UST 10 year rate rises on strong US jobs report, but stays within range. Markets expect three Fed rises in 2017. Local rates in slight steepening bias
9th Mar 17, 8:01am
UST 10 year rate rises on strong US jobs report, but stays within range. Markets expect three Fed rises in 2017. Local rates in slight steepening bias