Yield divergence with the NZD
Updated
Resistance at a weekly down trendline, slight divergence with the bond yields and the Kiwi currency index. Talk of wanting RBNZ wanting a lower NZD, the yields are dropping, which the NZD in theory should follow.
Black - NZDJPY
Blue - NZD Currency index
Red - 2 year bind yield
Light Yellow- 10 year bond yield
Black - NZDJPY
Blue - NZD Currency index
Red - 2 year bind yield
Light Yellow- 10 year bond yield
Comment
Black - 2y yieldBlue - NZD
Red lines - Interest rates
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