Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (731)	2/26/2004 12:09:40 PM
From: Wyätt Gwyön	Respond to of 116555

i just checked NZ 10yr bond prices... 6.5's of 2013 offered at 105.10, for a YTM of 5.77186%. USD price of a little over 72. similar price on the QTC's (AUD bonds issued by Queensland): 6's of 2013 offered at 101.15, for YTM of 5.702%. by contrast, US10yr bobbing around 4 and change, about spot-on with Eurobunds. the UST yield curve is MUCH steeper than the curves of all the popular anti-USD currencies (AUD, GBP, EUR, CAD). AUD and NZD, in particular, are virtually flat and inverted at the long end.