SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade higher on Wednesday

06 Jun 2018 Evaluate

Bond yields edged higher on Wednesday, as investors turned cautious after the six-member monetary policy committee of RBI headed by Governor Urjit Patel bit the bullet and hiked the repo - the short-term lending rate - by 25 basis points to 6.25 percent.

In the global market, U.S. Treasury yields fell on Tuesday as traders piled back into lower-risk government debt after Italy's new prime minister vowed to enact economic policies that could balloon the nation's already-heavy debt load. Furthermore, U.S. oil prices edged up in early Asian trade to move away from lows hit in the previous session, buoyed after industry data showed a decline in U.S. crude inventories.

Back home, the yields on new 10 year Government Stock were trading 6 basis points higher at 7.89% from its previous close of 7.83% on Tuesday.

The benchmark five-year interest rates were trading 8 basis points higher at 7.93% from its previous close of 7.85% on Tuesday.

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:

×