SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade flat on Friday

19 Jul 2024 Evaluate

Bond yields trade flat on Friday amid latest round of FICCI’s Economic Outlook Survey said Indian economy is expected to grow at an annual median GDP growth of 7 per cent in 2024-25.

In the global market, Two- and 10-year yields on U.S. government debt bounced off their lowest levels in months on Thursday, as traders considered the possibility of a shallower-than-expected rate-cutting cycle by the Federal Reserve. Furthermore, oil prices steadied on Thursday as investors wrestled with mixed signals about crude demand, with concerns about an economic slowdown in the U.S. contending with rising expectations the Federal Reserve would soon cut interest rates.

Back home, the yields on new 10 year Government Stock were trading flat with its previous close of 6.96% on Thursday.  

The benchmark five-year interest rates were trading 2 basis points higher at 6.94% from its previous close of 6.92% 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:

×