SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields edge higher on Wednesday

07 Dec 2022 Evaluate

Bond yields edged higher on Wednesday as Fitch Ratings retained India's economic growth forecast at 7 per cent for the current fiscal, saying India could be one of the fastest-growing emerging markets this year.

In the global market, U.S. Treasury yields fell on Tuesday, giving back some of the gains seen in the previous session, after economic data hinted that the Federal Reserve may need to hike rates for longer. Furthermore, U.S. oil prices fell in frenzied trading on Tuesday to their lowest settlement levels this year, with Brent finishing below $80 per barrel for the second time in 2022, as investors fled the volatile market in an uncertain economy.

Back home, the yields on new 10 year Government Stock were trading 4 basis points higher at 7.28% from its previous close of 7.24% on Tuesday.

The benchmark five-year interest rates were trading 6 basis points higher at 7.16% from its previous close of 7.10% 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:

×