Risk weighs heavier in financial markets
Shutterstock Track 1219389
Monetization ID TFGEPGEI0LHEIJAI
Kia ora.
Welcome to Thursday’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.
Today we lead with news risk appetites seem to have weakened overnight as the cost of money shows little sign its rising trajectory is ending.
First in the US, their benchmark 30 year mortgage rate has risen sharply again over the past week, now at 7.49% and its highest since the brief spike in late 2023. Prior to that, it is highest…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.