Just noticed today on www.interest.co.nz that the 3, 4 and 5 year rates for Soverign have gone up! They were 6.05% and have moved up slightly so that the 5 year rate is now 6.35%.
I'm shocked and a bit nervous.
I think we all agree that floating and short term rates are on the way down, but are the long term rates on the way up?
I'm shocked and a bit nervous.
I think we all agree that floating and short term rates are on the way down, but are the long term rates on the way up?
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