SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields edge marginally higher on Tuesday

12 Mar 2024 Evaluate

Bond yields edged marginally higher on Tuesday as Commerce and Industry minister Piyush Goyal has exuded confidence that during this fiscal, the country's goods and services export numbers will be at the same level; as it was last year despite slowdown and uncertainties in the global trade.

In the global market, The U.S. 10-year Treasury yield rose slightly on Monday as investors looked ahead to key inflation data for insights into the state of the economy. Furthermore, oil prices were little changed on Monday as concern eased that fighting in the Middle East would disrupt supply and Chinese data suggested weak demand, while an increase in U.S. refining limited any selling.

Back home, the yields on new 10 year Government Stock were trading 1 basis point higher at 7.02% from its previous close of 7.01% on Monday.

The benchmark five-year interest rates were trading flat with its previous close of 7.02% 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:

×