SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade flat on Wednesday

17 Nov 2021 Evaluate

Bond yields traded flat on Wednesday after Fitch Ratings has kept India's sovereign rating unchanged at 'BBB-' with a negative outlook. It stated that the rating balances a still-strong medium-term growth outlook and external resilience from solid foreign-reserve buffers against high public debt, a weak financial sector and some lagging structural issues.

In the global market, U.S. Treasury yields rose on Tuesday in choppy trading after data showed that U.S. retail sales increased more than expected in October and before the U.S. Treasury's sale of 20-year bonds on Wednesday. Furthermore, oil prices dropped after U.S. gasoline stocks fell more than expected last week, which could heighten pressure on the Biden administration to release oil from emergency reserves to cap soaring gasoline prices.

Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 6.36% on Tuesday.

The benchmark five-year interest rates were trading 5 basis points lower at 5.77% from its previous close of 5.82% on Tuesday.

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:

×