Markets
Wake Up Call
Auckland locked down again; bond markets cool down
A sign on the Wellington waterfront.
TLDR: Auckland is back in level-three lockdown until Saturday morning at the earliest after the emergence of another infectious case in Papatoetoe, who exposed potentially thousands by visiting multiple places when he should have been isolated. The NZ dollar is down sharply this morning after a shift back to ‘haven’ currencies and a drop in global bond yields over the weekend.Locked down again PM Jacinda Ardern flew unexpectedly to Wellington on Saturday evening to announce a fresh seven-day level-three lockdown in Auckland from 6am...
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