SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields end higher on Monday

12 Jul 2021 Evaluate

Bond yields ended higher as despite the worse condition due to COVID-19 which impacted economic growth, the net direct tax collection has doubled to over Rs 2.49 lakh crore so far this fiscal, mainly driven by personal income tax and advance tax mop up.

In the global market, U.S. Treasury yields climbed on Friday, halting an eight-day price rally that was fueled in part by worries the economic recovery had already peaked and was showing signs of faltering amid a surge in coronavirus infections in many places around the globe. Furthermore, oil prices were little changed in early Asian trade as an impasse in talks among key producers to raise output in coming months kept supplies tight, offsetting concerns about coronavirus' impact on the global economy.

Back home, the yields on new 10-year Government Stock ended 4 basis points higher at 6.22% from its previous close of 6.18% on Friday.

The benchmark five-year interest rates ended 2 basis points higher at 5.75% from its previous close of 5.73% on Friday.

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:

×