Indian government bonds continued their winning streak and ended the day higher on Tuesday as stronger-than-expected demand for government bond sales lifted sentiment, while favorable US government bond yields and excess liquidity conditions added to the positive backdrop.The 6.48% bond yield for 2035 ended at 6.66% after closing Monday at 6.6642%. Rates have fallen by […]
Indian government bonds continued their winning streak and ended the day higher on Tuesday as stronger-than-expected demand for government bond sales lifted sentiment, while favorable US government bond yields and excess liquidity conditions added to the positive backdrop.The 6.48% bond yield for 2035 ended at 6.66% after closing Monday at 6.6642%. Rates have fallen by […]
Indian mutual funds are likely to continue selling government bonds after record sales in January as supply-demand dynamics outweigh optimism over US trade deals for debt investors, five fund managers said. Funds sold net bonds worth 290 billion rupees ($3.2 billion) in January, the most on record, followed by 53 billion rupees on Monday, clearing […]
That of the US Federal Reserve January 23 decision Supporting the embattled Japanese yen is believed to be responsible for gold’s historic price rise above the US$5,000 per ounce level. The New York Federal Reserve reportedly carried out a “rate check” on currency traders regarding the exchange rate between the US dollar and the Japanese […]
Asset manager Aberdeen Investments is “winding down” its holdings of Venezuelan government bonds, a portfolio manager told Reuters, following a stunning rally that has more than doubled the price of the country’s defaulted bonds in the past 12 months. “The tail risk seems quite high,” Kevin Daly, portfolio manager at Aberdeen Standard Investments, told Reuters. […]
Argentina’s government has paid $4.3 billion to holders of its government bonds, an Economy Ministry source said on Friday. This met the January 9 deadline in a move aimed at restoring investor confidence and regaining access to international capital markets. The payment, which covered both principal and interest, was made by the central bank despite […]
Indian government bonds tumbled on Monday after a record calendar for government bonds led to a sell-off, widening the gap between supply and demand.The benchmark 10-year interest rate stood at 6.6331% on Monday. On Friday it ended at 6.6062%. Bond yields rise when prices fall.States will raise 5 trillion rupees ($55.40 billion) through bond sales […]
Indian government bonds fell on Friday after a weak auction revived supply concerns, with traders wary of the January-March borrowing calendar due later in the day.The benchmark 10-year yield stood at 6.6062%, up from 6.5818% on Thursday. This week, interest rates rose by 4.5 basis points. Bond yields rise when prices fall.New Delhi sold 320 […]
The selling comes as the rupee tested a series of lows against the dollar this month, eroding returns for foreigners. Indian government bonds eligible for inclusion in global indexes are on track for record monthly outflows as a weaker rupee and signs the central bank is nearing the end of its rate-cutting cycle weigh on […]
The Indian bond market remained steady throughout the month, with 10-year government bond yields falling four basis points to 6.49%, according to Axis Mutual Fund’s Fixed Income Review.The tone in global markets was also supportive, as US Treasury yields fell on growing expectations that the US Federal Reserve would announce a rate cut at its […]