Bond yields traded higher on Monday, tracking a surge in crude oil prices and amid an expected fall in the local currency.
In the global market, US long-dated Treasury yields slipped on Friday, in tandem with those in Europe, as negotiations over Britain's exit from the European Union appeared to stall. Furthermore, Oil prices rose as US markets tightened just weeks ahead of Washington's plan to impose new sanctions against Iran, with US bank JP Morgan warning of price spikes above $90 per barrel in coming months.
Back home, the yields on new 10 year Government Stock were trading 4 basis points higher at 8.12% from its previous close of 8.08% on Friday.
The benchmark five-year interest rates were trading 10 basis points higher at 8.22% from its previous close of 8.12% on Friday.
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: