Bond yields traded higher on Monday after the federal budget showed the gross borrowing for the next fiscal year was above market estimates, but hopes of a rate cut by the central bank capped the upmove.
In the global market, U.S. Treasury yields curve flattened the most in 11 weeks on concern US President Donald Trump’s move to unleash tariffs on top trading partners may push the economy into stagflation. Furthermore, Oil prices jumped on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising fears of crude supply disruption from the two biggest suppliers to the U.S., but the prospect of lower fuel demand capped gains.
Back home, the yields on new 10 year Government Stock were trading 9 basis points higher at 6.78% from its previous close of 6.69% on Friday.
The benchmark five-year interest rates were trading 9 basis points higher at 6.71% from its previous close of 6.62% on Friday.
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.
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.
MoneyWorks4Me ensures this through: