SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bond yields trade higher on Tuesday

19 Nov 2024 Evaluate

Bond yields traded higher on Tuesday after Finance Minister Nirmala Sitharaman has called for more affordable borrowing costs to support industrial growth and capacity building, while addressing concerns about inflation and the overall economic outlook.

In the global market, Treasury yields were flat on Monday as investors looked ahead to fresh data and central bank commentary after closing out a week when market yields moved higher. Furthermore, Oil prices climbed more than $2 a barrel on Monday after news that crude production at Norway's Johan Sverdrup oilfield had been halted, which added to earlier gains stemming from escalation of the Russia-Ukraine war.

Back home, the yields on new 10 year Government Stock were trading 10 basis points higher at 6.92% from its previous close of 6.82% on Monday.

The benchmark five-year interest rates were trading 11 basis points higher at 6.90% from its previous close of 6.79% 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:

×