Global bond market jitters to raise cost of borrowing
Rising global borrowing costs are shifting to a persistently higher environment, with implications for New Zealand.
The global financial climate is entering a period of elevated borrowing costs. Bond market movements are reflecting a longer-term shift toward higher interest rates worldwide. This shift will have flow-on effects for New Zealand households and businesses.
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How will the current bond market jitters affect us?
The global long term financial climate is changing to a 'hotter' environment where the cost of money will be higher. We review why and how it will affect us