SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade higher on Tuesday

28 Mar 2023 Evaluate

Bond yields were trading higher on Tuesday with SBI Research in its latest Ecowrap report stating that the Reserve Bank of India (RBI) is expected to pause their interest rate hike and the current 6.5 per cent repo rate could be the terminal rate for now. The next monetary policy meeting is scheduled for the first week of April 2023.

In the global market, U.S. Treasury yields climbed on Monday as gains in riskier markets such as equities made traditionally safer bonds less appealing. Furthermore, Oil prices rose on Monday as a halt to some exports from Iraq's Kurdistan region added to worries about oil supplies while a U.S. banking acquisition eased worries that financial turmoil could hurt the economy and curtail fuel demand.

Back home, the yields on new 10 year Government Stock were trading 1 basis point higher at 7.32% from its previous close of 7.31% on Monday.

The benchmark five-year interest rates were trading 5 basis points higher at 7.25% from its previous close of 7.20% on Monday.

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:

×