SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields end lower on Monday

20 Sep 2021 Evaluate

Bond yields ended lower after Reserve Bank of India's (RBI) data showed that country's foreign exchange reserves declined by $1.34 billion to $641.113 billion in the week ended September 10, 2021.

In the global market, the benchmark U.S. government bond yields edged up on Friday, with the 10-year yield touching a two-month high, as traders look ahead to a busy week of central bank meetings including a key one at the Federal Reserve. Furthermore, oil prices fell, extending losses from Friday after the U.S. dollar jumped to a three-week high and the U.S. rig count rose, although nearly a quarter of U.S. Gulf of Mexico output remained offline in the wake of two hurricanes.

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

The benchmark five-year interest rates were ended 5 basis points lower at 5.56% from its previous close of 5.61% 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:

×