Friday: Bond market selloff widens to Italy, UK

Bonds sold off sharply in Italy and Britain overnight on fears about deficit spending and more talk of ‘higher for longer’ interest rates needed to control inflation globally. In our bonus deep-dive interview, ANZ NZ Economist Andre Castaing explains why New Zealand’s housing market is heating up again.  Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/