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Daily Alert: Dousing the flames

  • Higher yields and steeper curves have been the global dynamic over the past few weeks as vaccine developments and rollouts have provided light at the end of the tunnel.
  • Central bankers have tried their best to douse fears that the global economy is overheating.
  • Today’s RBNZ decision looms; we expect that the RBNZ will do its best to hold back the tide by highlighting the risks and uncertainties to the outlook.

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