Their 1-5 curve is steeper at +29 bps (+3 bps) and the 3 mth-10yr curve is now at +74 bps (+2 bps). The Australian 10 year bond yield starts today at 5.13%, up +6 bps from yesterday and a fifteen year high. And the NZ Government 10 year bond rate starts today at 4.80%, up +4 bps and its highest in nearly two years. That all means our TWI-5 starts today down -20 bps at just on 61.4, down -70 bps for the week. The bitcoin price starts today at US$66,207 and down -3.9% from this time yesterday, down -4.9% for the week.

Source: Otago Daily Times March 28, 2026 05:06 UTC