SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade lower on Friday

06 Dec 2019 Evaluate

Bond yields edged lower on Friday, despite Reserve Bank of India’s consumer confidence survey (CCS) highlighted that a further drop in consumer confidence in November as households remained pessimistic about jobs and the general economic situation.

In the global market, US Treasury yields rose on Thursday as a range of reports indicated continued economic growth, then pared the gains in afternoon trading. Furthermore, Oil edged up in early Asia trade, with US crude trading near a two-month high after OPEC agreed to increase output curbs by nearly 50% in early 2020, although the cartel stopped short of promising any further steps after March.

Back home, the yields on new 10 year Government Stock were trading 4 basis points lower at 6.61% from its previous close of 6.65% on Thursday.

The benchmark five-year interest rates were trading 5 basis points higher at 6.37% from its previous close of 6.32% on Thursday.

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:

×