SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade lower on Thursday

08 Jul 2021 Evaluate

Bond yields traded lower on Thursday with private report stating that the India's retail inflation is likely to accelerate to seven-month high in June on rising food and fuel prices, staying above the Reserve Bank of India's comfort zone for a second straight month.

In the global market, U.S. Treasury yields continued on their downward trajectory on Wednesday, with 10-year yields on track for a seventh straight session of declines on worries the economic recovery may be softening while investors assessed the minutes from the Federal Reserve's June meeting for clues to its policy path. Furthermore, oil prices fell for a third day amid anxiety that supply may rise after the collapse this week of talks among major producers, potentially causing the current output agreement to be abandoned.

Back home, the yields on new 10 year Government Stock were trading 3 basis points lower at 6.13% from its previous close of 6.16% on Wednesday.

The benchmark five-year interest rates were trading 7 basis points lower at 5.72% from its previous close of 5.79% on Wednesday.

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:

×