SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields edge flat on Thursday

02 Mar 2023 Evaluate

Bond yields edged flat on Thursday amid report that the government collected Rs 1.50 lakh crore as Goods and Services Tax (GST) in February. The GST collections for February down from Rs 1.58 lakh crore in January, which were the second-highest monthly collection ever under the indirect tax regime which was introduced in July 2017.

In the global market, U.S. Treasury yields rose on Wednesday as investors weighed the latest economic data and assessed the outlook for Federal Reserve policy. Furthermore, oil prices settled up slightly on Wednesday as signs of ample supply, including growing U.S. crude inventories, offset growing hopes for higher demand after a jump in manufacturing in top crude importer China.

Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 7.43% on Wednesday.

The benchmark five-year interest rates were trading 4 basis points higher at 7.45% from its previous close of 7.41% on Wednesday.

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:

×