Investors brace for AI debt reckoning
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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.
Today we lead with news long bond yields are falling fast today on worries about long-term growth prospects, while short term yields are holding with a much smaller pullback, kept up on expectations the Fed will hike in its battle against inflation. A bull flattening is underway. a signal that will worry bond traders even as they see…
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