SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade higher on Friday

13 Aug 2021 Evaluate

Bond yields traded higher on Friday as Retail inflation eased to a three-month low of 5.59 per cent in July, mainly due to softening food prices, after holding above 6% for two months in a row. The Consumer Price Index (CPI) based inflation was 6.26 per cent in June and 6.73 per cent in July 2020.

In the global market U.S. Treasury yields on the longer end of the curve hovered near the unchanged mark on Thursday after struggling to maintain higher levels reached in the wake of a 30-year bond auction, while cash flowing into to an overnight Federal Reserve facility set a new record. Furthermore, oil prices fell for a second day after the IEA warned that demand growth for crude and its products had slowed sharply as surging cases of COVID-19 worldwide has forced governments to revive restrictions on movement.

Back home, the yields on new 10-year Government Stock were trading 1 basis point higher at 6.23% from its previous close of 6.22% on Thursday.

The benchmark five-year interest rates were trading 2 basis points lower at 5.72% from its previous close of 5.74% 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:

×