US Treasury yields
Markets likely to discount the expected RBNZ dovish views, as global markets settle into a period with few surprises
11th May 17, 8:03am
Markets likely to discount the expected RBNZ dovish views, as global markets settle into a period with few surprises
Local rates rise in tandem with global yields, led by UK gilts. Markets pricing in official rate hikes in the US and NZ, although timelines are still long
10th May 17, 7:47am
Local rates rise in tandem with global yields, led by UK gilts. Markets pricing in official rate hikes in the US and NZ, although timelines are still long
NZ 2yr swap rate remained anchored at 2.31% and 10yr swap rate is up to 3.40%; UST rates also showed mild steepening, 10 yr at 2.35%, strong employment report tonight would provide an upside bias
5th May 17, 8:19am
NZ 2yr swap rate remained anchored at 2.31% and 10yr swap rate is up to 3.40%; UST rates also showed mild steepening, 10 yr at 2.35%, strong employment report tonight would provide an upside bias
Probability of June rate hike moved from 63% to 75% after the FOMC announcement, with 36 bps increase priced in for rest of the year; NZ 2yr swap rate was unchanged but the 10yr was down 2 bps, driven by global forces
4th May 17, 8:08am
Probability of June rate hike moved from 63% to 75% after the FOMC announcement, with 36 bps increase priced in for rest of the year; NZ 2yr swap rate was unchanged but the 10yr was down 2 bps, driven by global forces
UST yields move lower although local wholesale rates inch up. Eyes on NZ labour market readings; wage pressures expected
3rd May 17, 8:00am
UST yields move lower although local wholesale rates inch up. Eyes on NZ labour market readings; wage pressures expected
UST yields move higher on Mnuchin comments spruiking ultra-long bonds. Markets jittery ahead of US Fed rate review
2nd May 17, 8:10am
UST yields move higher on Mnuchin comments spruiking ultra-long bonds. Markets jittery ahead of US Fed rate review
Dovish ECB sees German bond yields slip. NZGB bond yields also slip on strong demand. Eyes on US Q1 GDP
28th Apr 17, 8:11am
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Dovish ECB sees German bond yields slip. NZGB bond yields also slip on strong demand. Eyes on US Q1 GDP
Short rates range bound, but long rates rise steepening local curve. UST 10yr yields slip as markets sceptical of Trump tax plans
27th Apr 17, 9:16am
Short rates range bound, but long rates rise steepening local curve. UST 10yr yields slip as markets sceptical of Trump tax plans
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
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'