Tax reform and the budget agreement may place more upward pressure on domestic interest rates, which may lead to more volatility in fixed - income markets as well. (wellsfargoadvisors.com)
An Uridashi bond is normally issued in high - yielding currencies such as New Zealand Dollars or Australian Dollars in order to give the investor a higher return than the historically low domestic interest rate in Japan. (en.wikipedia.org)
Record low domestic interest rates spurred a housing market recovery that allowed the banks to grow their mortgage books, post record profits and increase dividend payout ratios. (afr.com)