Their 1-5 curve is steeper at +26 bps (+7 bps) and the 3 mth-10yr curve is now at +72 bps (+9 bps). The Japanese 10 year bond yield is up +2 bps at 2.27%. The Australian 10 year bond yield starts today at 5.07%, up +15 bps from yesterday. The Kiwi dollar is -50 bps lower against the USD from yesterday, now at 57.7 USc. Against the euro we are -30 bps lower at just on 50 euro cents.

Source: New Zealand Herald March 27, 2026 04:49 UTC