World Bank on yield buyers, favourable euro funding levels and Kauri comeback

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World Bank on yield buyers, favourable euro funding levels and Kauri comeback

People walk by the World Bank headquarters in Washington, D.C., as seen on August 5, 2019. (Graeme Sloan/Sipa USA)

◆ Increase in official institutions buying 10 year euros ◆ Euro funding turned favourable vs dollars ◆ NZ dollar comeback after two year hiatus

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