NZ 10 Year yields soar past AU 10 year yields.

Weighed down by $100billion worth of QE, yields on the Aussie 10 Year Government Bonds have risen, but not as fast as their kiwi counterparts. NZ 10 Year yields have today risen past AU 10 year yields for the first time since July, sending the NZDUSD to within a hair's breadth of 0.70c (0.6994). With the NZD outlook brighter, and a less dovish RBNZ, No doubt the kiwi will continue to climb in coming days on the back of rising 10 year yields.