NZ bond yields outshine the US
Analysis: Lower New Zealand bond yields are likely to persist for a while.
Shoeshine’s been feeling a little Alice-through-the-looking-glass lately – up is down, day is night and in is out.
Since she was a cub reporter with the haziest idea of what a bond is, Shoeshine’s had it drummed into her that New Zealand government bonds always trade at a premium to US treasury
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