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  • NZ Futures Strip

    (%)

    fixedincome nzd 90
  • NZ 10 Year Bond Yields

    (%)

    fixedincome nzd 10
  • NZ Yield Curve Slope

    (10 year - 90 day)

    fixedincome nzd slope
  • Monthly Change in 10 Year Yields

    (percentage points)

    fixedincome nzd month
  • Weekly Change in 10 Year Yields

    (percentage points)

    fixedincome nzd week
  • Spread Versus Other Countries

    (average = 1990 to 2016)

    fixedincome NZDspreads
  • NZ vs US Bond Spread

    (NZ 10y - US 10y)

    fixedincome nzdusd
  • NZ vs Canadian Bond Spread

    (NZ 10y - Can 10y)

    fixedincome nzdcad
  • NZ vs German Bond Spread

    (NZ 10y - Ger 10y)

    fixedincome nzdeur
  • NZ vs UK Bond Spread

    (NZ 10y - UK 10y)

    fixedincome nzdgbp
  • NZ vs Swiss Bond Spread

    (NZ 10y - Swiss 10y)

    fixedincome nzdchf
  • NZ vs Swedish Bond Spread

    (NZ 10y - Swed 10y)

    fixedincome nzdsek
  • NZ vs Norwegian Bond Spread

    (NZ 10y - Nor 10y)

    fixedincome nzdnok
  • NZ vs Japanese Bond Spread

    (NZ 10y - Jap 10y)

    fixedincome nzdjpy
  • NZ vs Australian Bond Spread

    (NZ 10y - Aus 10y)

    fixedincome nzdaud

 

Please click below for our latest research that discusses New Zealand fixed income.

 

  • Markets

    catImgMarkets
    NZD remains above its real mean. Futures price in a steady policy rates in the next two years. Yields are up but still close to lows; spreads are little changed and low. Equity returns have been mid-tier. download »
  • Financial Forecasts

    catImgForcasts
    NOK, SEK, JPY and AUD are lower than is likey to be sustained. As inflation rises and is sustained, central banks will switch to tightening policy, despite modest growth. As this moves into view, a major re-pricing of bonds will take place. download »
  • Investing

    catImgInvesting
    NZ short-term interest rates are nearing their trough. Bond yields are extremely low and are likely to rise with global yields. The currency may depreciate if the external deficit widens. download »