SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade higher on Thursday

18 Aug 2016 Evaluate

Bond yields edged higher on Thursday amid absence of fresh triggers and ahead of debt sale tomorrow, while traders also await announcement of the new central bank governor.

In the global market, U.S. Treasury debt prices rose on Wednesday with the two-year yield retreating from a three-week high, as the minutes from the Federal Reserve meeting in July hinted at a general agreement that more data are required for an interest rate increase. Furthermore, Oil prices dipped as the prospect of record Saudi output weighed on markets and as traders cashed in on profits following an almost uninterrupted price rally this month of nearly 20 percent.

Back home, the yields on new 10 year Government Stock were trading 1 basis points higher at 7.11% from its previous close of 7.10% on Wednesday.

The benchmark five year yields were trading 1 basis points higher at 7.04% from its previous close of 7.03% 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:

×