Bond yields traded higher on Monday as net direct tax collection for the financial year 2024-25 has grew by 13.57 per cent to over Rs 22.26 lakh crore. However, due to issuance of the highest-ever amount of refunds it has narrowly missed the target of Rs 22.37 crore set by the government.
In the global market, the 10-year Treasury yield slipped on Friday as investors weighed the latest developments on the global trade front, including new comments from U.S. President Donald Trump.
Back home, the yields on new 10 year Government Stock were trading 12 basis points higher at 6.48% from its previous close of 6.36% on Friday.
The benchmark five-year interest rates were trading 10 basis points higher at 6.24% from its previous close of 6.14% 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: