NZ 10-Year Government Bond Yield

NZ 10-Year Government Bond Yield rose by 0.005% on Friday October 24, trading at 4.004% with a weekly loss of 0.01% and monthly loss of 0.2%. The Reserve Bank of New Zealand's 50-basis-point cut to the Official Cash Rate, signaling further easing due to a weak economy, has pressured downward pressure on the NZ 10-Year Government Bond Yield. However, New Zealand's annual inflation rate rising to 3.0% in the September quarter, returning to the top of the RBNZ's target band, introduces upward pressure on the yield by limiting expectations for future rate cuts. Recent GDP data indicating economic contraction in the second quarter reinforces the narrative of economic weakness, contributing to downward pressure on the NZ 10-Year Government Bond Yield. Its 52-week high was 4.893 %, while its 52-week low was 3.985 %.

5 Days 1 Month 3 Months 6 Months YTD 1 Year 3 Years 5 Years 10 Years
-0.01% -0.20% -0.59% -0.54% -0.42% -0.49% -0.10% 3.13% 0.43%