Bets Increased for a Bigger RBNZ Hike in November. Yield Spread Widened to Above 200 bps with Japan

<p>NZD remains firm. Hopes of a +50 bps rate hike in November have heightened after the strong inflation report. NZ-US yield spread widened to a level not seen since 2017. More remarkably, NZ-JP yield spread widened to over 200 bps. A more prominent policy divergence between the RBNZ and BOJ could remain supportive of NZDJPY. […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/action-insight/special-topics/409979-bets-increased-for-a-bigger-rbnz-hike-in-november-yield-spread-widened-to-above-200-bps-with-japan/">Bets Increased for a Bigger RBNZ Hike in November. Yield Spread Widened to Above 200 bps with Japan</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>