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Risk premiums

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NZ Govt less US Treasury bond yield
Source: RBNZ/USfed
NZ Govt less US Treasury bond yield
Source: RBNZ/USfed
NZ Govt less US Treasury bond yield
Source: RBNZ/USfed
NZ Govt less US Treasury bond yield
Source: RBNZ/USfed

The difference between NZ Govt bond yields and the equivalent US Treasury bond yields.