SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade higher on Thursday

23 Nov 2017 Evaluate

Bond yields edged higher on Thursday, on account of lower demand from corporates and banks. Some concern also came with private report stating that the trade deficit has ballooned to $88 billion between April and October, up 60 percent from the comparable period a year ago due to weak exports and a sharp rise in imports.

In the global market, U.S. Treasury prices gained slightly after the minutes from the Federal Reserve’s latest meeting on Wednesday affirmed market expectations that it will hike rates in December, with trading volumes subdued before Thursday’s Thanksgiving holiday. Furthermore, U.S. oil prices remained near two-year highs as the shutdown of the Keystone pipeline and a drawdown in fuel inventories pointed to a tightening market, despite rising output.

Back home, the yields on new 10 year Government Stock were trading 5 basis points higher at 7.01% from its previous close of 6.96% on Wednesday.

The benchmark five-year interest rates were trading 4 basis points higher at 6.91% from its previous close of 6.87% 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: