Thursday: Oil prices slide on Saudi assurances

Oil prices fell after Saudi Arabia reassured markets it would use its oil supplies to stabilise prices. US Treasury yields fell further on benign inflation data and more Fed comments that rates can be paused.

In our bonus deep-dive interview, ANZ Senior Strategist David Croy looks at the weight of new Government bonds being issued to pay for deficits that are helping to force up yields globally, including in New Zealand.

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