New Zealand 10-year government bond yield is trading at its lowest point since the market was formed in 1985, as the Reserve Bank of New Zealand kept interest rates unchanged at 1.75 percent, as expected, but said the next move is likely to be down. The dovish shift surprised markets, which were expecting the central bank to retain neutral bias on interest rates. The 10-year yield has dropped by ten basis points in the last 30 minutes and is currently trading at a record low of 1.78 percent. The bond yields across the globe have dropped sharply in the last few days, with the German 10-year turning negative for the first time since 2016, possibly due to the dovish stance adopted by both the Fed and the European Central Bank. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next XRP/USD Technical Analysis: Bulls fight back following Thor’s Hammer pattern formation FX Street 4 years New Zealand 10-year government bond yield is trading at its lowest point since the market was formed in 1985, as the Reserve Bank of New Zealand kept interest rates unchanged at 1.75 percent, as expected, but said the next move is likely to be down. The dovish shift surprised markets, which were expecting the central bank to retain neutral bias on interest rates. The 10-year yield has dropped by ten basis points in the last 30 minutes and is currently trading at a record low of 1.78 percent. The bond yields across the globe have dropped sharply in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
