SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade flat on Friday

07 Jul 2023 Evaluate

Bond yields traded flat on Friday as a study by researchers at the Reserve Bank of India said the surging prices of tomatoes can potentially disrupt India's inflation trajectory.

In the global market, U.S. Treasury yields climbed on Thursday after data on the labor market further fueled expectations the Federal Reserve will be aggressive in raising interest rates as it tries to rein in persistently high inflation down towards its 2% target rate. Furthermore, oil prices were near flat on Thursday as the market weighed tighter U.S. crude supplies with the higher likelihood of a U.S. interest rate hike that could dent energy demand.

Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 7.14% on Thursday.

The benchmark five-year interest rates were trading 2 basis points higher at 7.12% from its previous close of 7.10% on Thursday.

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:

×