Bond yields edged lower on Wednesday, tracking lower crude oil prices that improve the outlook for domestic inflation.
In the global market, U.S. Treasury yields inched higher on Tuesday, as risk appetite improved with Wall Street shares hitting record highs after upbeat consumer confidence data and a Senate panel vote to advance a U.S. tax bill. Furthermore, Oil prices fell on doubts OPEC and Russia will agree an extended crude production cut that the market has priced in, and after a report of an unexpected rise in U.S. fuel inventories.
Back home, the yields on new 10 year Government Stock were trading 1 basis point lower at 7.02% from its previous close of 7.03% on Tuesday.
The benchmark five-year interest rates were trading 1 basis point lower at 6.88% from its previous close of 6.89% on Tuesday.
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.
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.
MoneyWorks4Me ensures this through: