US-China trade truce cements China's growing strength
Kia ora,
Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.
I'm David Chaston and this is the international edition from Interest.co.nz.
And today we lead with news benchmark bond rates are on the move higher as the bond market passes its judgment on the geopolitical trade situation and the US Fed's signals.
Basically they are pricing in risks where American inflation risks are not contained, and there is no real resolution to the trade tensions triggered by Trump.
The Trump/Xi meeting ended with Trump claiming it was "an amazing…
The skinny
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