Bond yields edged higher on Wednesday, as gains in crude oil prices boost the possibility of local inflation gathering pace.
In the global market, oil prices edged higher, adding to steep gains in the previous session, as markets eyed an escalation of Middle East tensions after Europe's air traffic control agency warned of possible air strikes on Syria in the next 72 hours. Furthermore, U.S. Treasury yields rose on Tuesday, sparked by a rally in stocks after a friendlier tone from Chinese President Xi Jinping helped ease trade tensions and following data showing a pick-up in U.S. inflation at the producer level.
Back home, the yields on new 10 year Government Stock were trading 7 basis points higher at 7.45% from its previous close of 7.38% on Tuesday.
The benchmark five-year interest rates were trading 4 basis points higher at 7.32% from its previous close of 7.28% 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: