SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade higher on Monday

18 Sep 2023 Evaluate

Bond yields traded higher on Monday even after commerce ministry in its latest data stating that India’s merchandise exports declined 6.86 per cent to $34.48 billion, the seventh month in a row, in August 2023 as compared to $37.02 billion in August 2022, due to a fall in shipments from key sectors like petroleum and gems and jewellery on subdued global demand.

In the global market, U.S. Treasury yields climbed on Friday as markets absorbed the latest economic data and investors considered what it may mean for interest rates. Furthermore, oil prices hit a 10-month high on Friday and posted a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts combined with optimism around Chinese demand to lift crude.

Back home, the yields on new 10 year Government Stock were trading 1 basis point higher at 7.16% from its previous close of 7.15% on Friday.

The benchmark five-year interest rates were trading 1 basis point higher at 7.17% from its previous close of 7.16% on Friday.

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:

×