SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade lower on Thursday

11 Feb 2016 Evaluate

Bond yields traded lower on Thursday as the government will repurchase up to 65 billion rupees ($955 million) of inflation-indexed bonds today. Meanwhile US Federal Reserve chair Janet Yellen in a testimony to Congress stated that global economic turmoil and massive sell-off in global equity markets could spook the US economy, rekindling hopes of a delay in interest rate raise.

In the global market, U.S. Treasury yields ended lower on Wednesday after the government sold $23 billion in 10-year notes to solid demand, showing that the dramatic drop in yields this year has not reduced investor appetite for the safe-haven bonds. Furthermore, Oil prices seesawed in choppy trade on Wednesday, with U.S. crude slipping and Brent paring gains as worries about a global supply glut offset data showing a surprise drop in U.S. crude stockpiles.

Back home, the yields on new 10 year Government Stock were trading 1 basis point lower at 7.71% its previous close at 7.72% on Wednesday.

The benchmark five-year interest rates were trading 1 basis point lower at 7.64% from its previous close at 7.65% on Wednesday. 

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×