On the Money: With falling interest rates, shares have stepped into the income gap.
Early in March 2020, panicked investors pushed the yield on the 10-year NZ government bond, in response to the coronavirus scare, to an all-time low of just 0.92%.
As the graph below shows, even in the depths of the 1929 Great Depression, NZ government bonds never got anywhere near this
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Brent Sheather
Fri, 10 Apr 2020
Contact the Writer: brent@cpam.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
