Markets

Negative rates pushing savers up the risk curve

Dan Brunskill
Fri, 11 Sep 2020

Dan Brunskill
Fri, 11 Sep 2020
Central bank stimulus is turning interest rates negative and forcing investors and savers to take more risks just to keep in touch with asset price inflation. On Wednesday, the three-year government bond closed the day with a negative yield for the first time ever. This move was the market predicting the Reserve Bank is set to cut the official cash rate below zero as it pursues unconventional monetary policy. Head of fixed income at Fisher Funds David McLeish said this posed the biggest challenge savers and investors had faced in a lon...

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Markets
MARKET CLOSE: Profit taking pulls shares down
Dan Brunskill | Mon, 21 Sep 2020

Profit taking pushed New Zealand’s benchmark stock index more than 500 points below its record as investors found few reasons to buy with a global recession in progress.    The S&P/NZX 50 Index fell 94.42 points, or 0.8 percent, to 11,539.10. Within the index, 34 stocks fell, 11...

Infrastructure
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