Breakfast briefing; Bond market abandons its fear mode - Interest.co.nz

Dairy prices fall again on low demand; US retail rises, US job openings fall; China releases fishing fleet into oceans; RBA raises rates, cuts growth forecast; UST 10yr 2.73%; gold stable and oil firm; NZ$1 = 62.7 USc; TWI-5 = 71.1

Here's our summary of key economic events overnight that affect New Zealand, with news bond yields are rising sharply today as fears for a hot response in Taiwan seem to recede. Overshadowed this mo… [+4097 chars]

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