Yield divergence with the NZD
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
Blue - NZD
Red lines - Interest rates