Bond yields edged lower on Monday, as bets of another interest rate cut later this week strengthened after weaker-than-expected economic growth in the July-September quarter, while comments from an official over the fiscal glide path will aid further.
In the global market, US Treasury yields were steady on Friday after China said it would retaliate after the United States passed legislation backing anti-government protesters in Hong Kong, potentially complicating the chance of a bilateral trade deal. Furthermore, Oil prices rose more than 1% as signs of rising manufacturing activity in China pointed to increasing fuel demand and hints that OPEC may deepen output cuts at its meeting this week indicated supply may tighten next year.
Back home, the yields on new 10 year Government Stock were trading 3 basis points higher at 6.49% from its previous close of 6.46% on Friday.
The benchmark five-year interest rates were trading 6 basis points lower at 6.19% from its previous close of 6.25% 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: