US-Iran tensions at stalemate
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 no-one knows what is going on in the Iran-US 'negotiations' - least of all Trump. Ships are transiting at trickle-pace, but they tend to be large Chinese tankers. The bottom line is essentially 'no progress'.
And although the benchmark 10 year bond yields are basically holding, yields for shorter terms are catching up, so a rate flattening is underway.
US jobless claims…
The skinny
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