NZ bond yields rise to annual high on inflation fears
The yield on the New Zealand 10-year bond has climbed more than 50 basis points since the start of the war in the Middle East.
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New Zealand bond yields have risen to their highest level in almost a year, after the country’s credit rating outlook was downgraded by Fitch and the Middle East conflict sparked inflation concerns that raised the spectre of interest rate hikes.
Fitch Ratings revised New Zealand’s long-term
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