The yield on 30-year Treasuries surged as much as 25 basis points to a level unseen since November 2023
Due to political stability, healthy economic growth, and a sustained decrease in US bond yields, foreign portfolio investors (FPIs) have poured nearly Rs 57,300 crore into Indian equities markets this month.
Asian shares on October 5 rebounded from 11-month lows as a plunge in oil prices and softer U.S. labour data helped pull Treasury yields off 16-year peaks.
Withdrawal of liquidity would be challenging for EMs with high budget deficit or current account deficit.
US President Barack Obama will address a joint session of Congress on Thursday evening to lay out a new jobs plan and make the case that he is best placed to keep steering the American economy toward recovery.
Stocks rebounded and the euro rallied on Thursday on news of a financial lifeline for Greece, while bonds added to losses after worry over the US credit rating was raised.
Defensive shares led a rebound in US stocks on Thursday as investors weighed mixed economic signals and recent volatility in commodities as they searched for direction.
Is the US bond market bottoming, are global commodities topping out? These are the questions that will have a seminal meaning to us in India, where inflation is already in double digits. In an interview with CNBC-TV18's Latha Venkatesh, Peter Redward of Barclays from Singapore, and Bhanu Baweja of UBS from London answer.