NZ10Y GOV BONDA RATES - HEADING LOWER

We are looking at the WEEKLY chart of Kiwi Bond rates. As you can see we had a false break out @ 1.8030 rates have since struggled to get above this level, with strong bearish momentum now, with both the 20MA and the Oscillator showing strong bearish movement, we look to head lower towards the 1.0050 level.

Updates to be posted