SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade flat on Wednesday

10 May 2023 Evaluate

Bond yields traded flat on Wednesday with a private report that India's consumer inflation likely cooled to an 18-month low in April as rises in food and fuel prices moderated, keeping it below the Reserve Bank of India's upper tolerance limit for the second consecutive month. 

In the global market, Treasury yields rose slightly on Tuesday as investors awaited April consumer price inflation data on Wednesday for clues on whether price pressures are continuing to ease. Furthermore, Oil prices ticked up on Tuesday, reversing a more than 2% drop earlier in the session, as markets weighed U.S. government's plans to refill the nation's emergency oil reserve and anticipated higher seasonal demand.

Back home, the yields on new 10-year Government Stock were trading flat with its previous close of 7.04% on Tuesday.

The benchmark five-year interest rates were trading 1 basis point higher at 6.99% from its previous close of 6.98% 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:

×