United States 10-Year Note Auction rose from previous 4.282% to 4.468%

May 12, 2026

Warsh for Fed Board squeaks through Senate 51-45, Fed Chair vote on deck for Wednesday

Kevin Warsh squeaked through the Senate 51-45 on Tuesday to claim a seat on the Federal Reserve (Fed) Board of Governors, with the separate vote to confirm him as Fed Chair scheduled for Wednesday and Jerome Powell's term as chair wrapping up on Friday.

New Zealand Dollar declines after strong US inflation as focus shifts to RBNZ outlook

NZD/USD trades around 0.5940 on Tuesday at the time of writing, down 0.41% on the day, pressured by stronger-than-expected inflation data from the United States (US).