Here's our summary of key economic events overnight that affect New Zealand, with news both equity and bond markets are displaying some nerves ahead of tomorrow's US Fed rate and policy decisions. The UST 10yr yield starts today up +3 bps at 4.35%. The Australian 10 year bond yield is now at 4.22% and up +2 bps from yesterday. And the NZ Government 10 year bond rate is now at 5.09% and up +1 bp. The Kiwi dollar starts today still in its recent yo-yo range and up about +10 bps from this time yesterday at 59.3 USc.
Source: New Zealand Herald September 20, 2023 07:20 UTC