Kiwibank’s new chief economist’s views on bond yields, the kiwi dollar and mortgage rates
The Australian and New Zealand dollars are global bellwethers.
Jenny Ruth Tue, 08 May 2018
New Zealand’s 10-year bonds are likely to continue trading at yields below those of US treasury yields for a couple of years, Kiwibank’s new chief economist, Jarrod Kerr, says.
That’s because the Federal Reserve is likely to hike rates several more times this year while New Zealand’s Reserve