New Zealand Dollar Hit on Rising US Yields, Regulation Risks. More to Go? 2021-01-12 00:00:00 Thomas Westwater, Analyst Rising Treasury Yields, Technology Regulatory Risks, NZD/USD - Talking Points Wall Street dragged lower as investors move out of technology stocks Political turbulence has markets fearing increased regulations on social media The New Zealand Dollar moved lower on a strong USD, rising Treasury yields Wall Street moved lower during Monday’s US trading session as investors reevaluate government regulatory risks to technology stocks following last week’s chaos on Capitol Hill. The tech-heavy Nasdaq Composite led the move lower with a 1.25% drop. The S&P 500, Dow Jones, and Russell 2000 also sold off with losses of 0.66%, 0.29%, and 0.03%, respectively.