Latest Updates Around The World
Indian traders are bracing for a year of record government debt supply, which could keep borrowing costs high in the country’s $1.3 trillion bond market.Finance Minister Nirmala Sitharaman’s Feb. 1 budget could raise gross debt 11% to 16.5 trillion rupees ($180 billion) for the fiscal year starting April 1, according to the average estimate of […]
Indian government bonds fell on Friday, ending a three-day winning streak, as traders feared the market could struggle to absorb the supply of new government bonds next week.The benchmark 10-year Treasury yield of 6.48% for 2035 ended the day trading at 6.6635%, compared to Thursday’s close of 6.6352%. Bond yields move in the opposite direction […]
Indian government bonds recovered on Tuesday, breaking a two-session losing streak, as the market absorbed the large supply of government debt without any major rise in yields, boosting sentiment.The benchmark 10-year interest rate stood at 6.6137%, while the previous closing rate was 6.6331%. Bond yields move in the opposite direction to prices.Indian states successfully raised […]
Indian government bonds rose on Tuesday after the market absorbed a large supply of government bonds, although gains were limited by a liquidity crisis and the approaching quarter-end that dampened risk appetite.The benchmark 10-year yield stood at 6.5786%, compared with Monday’s close of 6.5912%. Bond yields rise when prices fall.Indian states on Tuesday raised 354.50 […]
