According to data compiled by Moneycontrol, yield on advances for PSU banks dropped by 15–71 basis points (bps), significantly more than the 12–30 bps reduction observed for private banks.
A slew of announcements from China's securities regulator, as well as a reported meeting between President Xi Jinping and financial regulators on Tuesday, highlighted the urgency of Chinese authorities to stem heavy losses in its stock market, which have plumbed multi-year lows in recent days.
Yields at the long-end rose quickly after Federal Reserve Chair Jerome Powell said last week that the U.S. economy’s strength and hot labour market might warrant tighter financial conditions.
Federal Reserve officials appear poised to maintain interest rates for the second consecutive month in the near future, but it does not indicate the conclusion of their tightening strategy.
India’s cotton output is expected to be the lowest in 14 years. While weather is one reason not in our control, pest attacks and other reasons continue to hurt farmers
U.S. stocks were lower on Wall Street in early trading, weighed down by a 3.19% drop in Netflix after the streaming video company reported quarterly results.
Benchmark short-end bond yields have crashed below their economy’s cash rates across most of the developed world in the few sessions since the collapse of Silicon Valley Bank.
Unlike other central banks that have been aggressively raising rates to battle inflation, the BOJ continues its decades-long attempt to stoke price rises in the world's third-biggest economy, even as inflation has exceeded the bank's target.
Spot gold was up 0.1% at $1,751.86 per ounce by 10:16 a.m. ET (1516 GMT), after rising as much as 0.9% earlier in the session. U.S. gold futures rose 0.7% to $1,760.70.
In the previous week's auction, the cut-off yield on T-Bills eased after rising for consecutive weeks. The cut-off yield on the 91-day T-Bill fell by 4 bps, while on the 182-day and 364-day T-bills it fell by 8 and 10 bps, respectively.
According to experts, with a few more rate hikes expected this fiscal, issuers are looking to shift some of their borrowings to NCDs to lock-in fixed coupon rates
All three major U.S. stock indexes have pared since bursting through the starting gate, but remain on course to extend Monday's broad rally.
Saying that the fiscal situation was less challenging last year, T V Somanathan stressed that the government will work on maintaining growth and fiscal stability, while the primary responsibility of controlling inflation lies with the Reserve Bank of India.
The sudden fall in wheat yields due to the heatwave across North India, and continuing bulk purchases by traders eyeing exports, have led to government procurement slowing down. If the situation persists, restrictions could become inevitable soon, say officials.
As inflation fears grip world markets, the stock of negative yielding bonds has almost vanished, indicating interest rates are going to keep climbing.
That’s the conclusion of a Piper Sandler study going back to the mid-1970s and looking at Treasury inversions -- when short-term rates move above those with longer maturities. On Monday, five-year U.S. Treasury yields climbed above those on 30-year bonds for the first time since 2006. That came after earlier this month some other sectors on the curve inverted.
The average cost of borrowing for states is at an 11-month high amid concerns over lower surplus liquidity and uncomfortable inflation levels.
Servicing its debt is going to be an uphill task for the government in the coming years due to the expansion in borrowing and the expected rise in bond yields.
We can possibly have a downward momentum on the yields with increased inflows.
In developed countries REITs have generated returns somewhere between bonds and stocks-- the same is expected to be the case in India.
Downside risk limited, investors can expect yield of 10-12%
In addition to checking the credit rating of a security, yield movements too can be useful signals for investors
Since the interest rates in the Indian economy have been on the decline, mutual funds will also deliver lower yields
Holding a gilt fund for at least 5-7 years will give the benefit of no credit risk plus reasonable returns
A higher YTM may look attractive. But it can come with higher risks.