New Zealand Long Rates Dip Below Australia's
Yields on 10-year government bonds in New Zealand have dropped below those in Australia, a reversal of their usual position.
This shift has previously occurred during global economic crises, hinting at a potential global slowdown.
Long-term interest rates in New Zealand have fallen below those in Australia, a potential herald of a global economic slowdown.
Author's summary: New Zealand's long rates fall below Australia's, signaling slowdown.
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